Vanguard Intermediate-Term Bond ETF $BIV Stake Lifted by Ameriprise Financial Inc.

Ameriprise Financial Inc. lifted its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 1.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,052,118 shares of the company’s stock after acquiring an additional 74,818 shares during the quarter. Ameriprise Financial Inc. owned about 1.23% of Vanguard Intermediate-Term Bond ETF worth $315,993,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in BIV. Evolution Wealth Management Inc. acquired a new position in Vanguard Intermediate-Term Bond ETF during the second quarter worth about $26,000. Blue Trust Inc. grew its stake in shares of Vanguard Intermediate-Term Bond ETF by 85.5% in the 3rd quarter. Blue Trust Inc. now owns 371 shares of the company’s stock worth $29,000 after purchasing an additional 171 shares during the last quarter. First Community Trust NA acquired a new position in shares of Vanguard Intermediate-Term Bond ETF in the 3rd quarter worth approximately $30,000. Kelleher Financial Advisors bought a new stake in shares of Vanguard Intermediate-Term Bond ETF in the 3rd quarter worth approximately $30,000. Finally, Texas Capital Bancshares Inc TX acquired a new stake in Vanguard Intermediate-Term Bond ETF during the third quarter valued at approximately $31,000.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of NYSEARCA:BIV opened at $77.45 on Tuesday. Vanguard Intermediate-Term Bond ETF has a 1-year low of $74.44 and a 1-year high of $79.08. The company has a 50 day moving average price of $78.04 and a 200 day moving average price of $78.14.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were given a dividend of $0.2514 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date was Monday, March 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.