Cary Street Partners Financial LLC Sells 31,113 Shares of Vanguard Intermediate-Term Bond ETF $BIV

Cary Street Partners Financial LLC lowered its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 5.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 492,712 shares of the company’s stock after selling 31,113 shares during the quarter. Vanguard Intermediate-Term Bond ETF comprises 0.9% of Cary Street Partners Financial LLC’s holdings, making the stock its 19th largest holding. Cary Street Partners Financial LLC owned 0.15% of Vanguard Intermediate-Term Bond ETF worth $35,412,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. JFS Wealth Advisors LLC grew its position in shares of Vanguard Intermediate-Term Bond ETF by 12.1% in the 3rd quarter. JFS Wealth Advisors LLC now owns 30,988 shares of the company’s stock worth $2,420,000 after buying an additional 3,340 shares during the last quarter. Kropog Financial Group LLC purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF during the 3rd quarter valued at $24,064,000. Zhang Financial LLC boosted its position in shares of Vanguard Intermediate-Term Bond ETF by 41.3% in the 3rd quarter. Zhang Financial LLC now owns 1,136,494 shares of the company’s stock worth $88,749,000 after purchasing an additional 331,964 shares in the last quarter. Prestige Wealth Management Group LLC increased its position in Vanguard Intermediate-Term Bond ETF by 38.3% during the 3rd quarter. Prestige Wealth Management Group LLC now owns 3,763 shares of the company’s stock valued at $294,000 after buying an additional 1,043 shares in the last quarter. Finally, Parr Mcknight Wealth Management Group LLC boosted its holdings in Vanguard Intermediate-Term Bond ETF by 10.3% in the third quarter. Parr Mcknight Wealth Management Group LLC now owns 40,795 shares of the company’s stock worth $3,186,000 after acquiring an additional 3,817 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

BIV opened at $78.74 on Wednesday. Vanguard Intermediate-Term Bond ETF has a 52-week low of $74.44 and a 52-week high of $78.91. The firm’s 50-day moving average price is $78.01 and its 200-day moving average price is $78.07.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were paid a dividend of $0.2738 per share. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date was Monday, February 2nd.

Vanguard Intermediate-Term Bond ETF Profile

Vanguard Intermediate-Term Bond ETF (the Fund) seeks to track the performance of a market-weighted bond index with an intermediate-term, dollar-weighted average maturity. The Fund employs a passive management or indexing strategy designed to track the performance of the Barclays Capital U.S. 5-10 Year Government/Credit Bond Index (the Index). The Index includes all medium and larger issues of the United States Government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities between 5 and 10 years and are publicly issued.