Cooper Financial Group Has $40.86 Million Stake in Vanguard Intermediate-Term Bond ETF $BIV

Cooper Financial Group boosted its holdings in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 7.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 524,705 shares of the company’s stock after buying an additional 35,494 shares during the quarter. Vanguard Intermediate-Term Bond ETF makes up approximately 4.3% of Cooper Financial Group’s investment portfolio, making the stock its 5th largest position. Cooper Financial Group owned approximately 0.15% of Vanguard Intermediate-Term Bond ETF worth $40,864,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Evolution Wealth Management Inc. bought a new position in shares of Vanguard Intermediate-Term Bond ETF during the 2nd quarter worth approximately $26,000. Blue Trust Inc. raised its stake in Vanguard Intermediate-Term Bond ETF by 85.5% in the 3rd quarter. Blue Trust Inc. now owns 371 shares of the company’s stock valued at $29,000 after acquiring an additional 171 shares during the period. First Community Trust NA bought a new stake in Vanguard Intermediate-Term Bond ETF in the 3rd quarter valued at $30,000. Kelleher Financial Advisors acquired a new stake in Vanguard Intermediate-Term Bond ETF during the 3rd quarter valued at $30,000. Finally, Texas Capital Bancshares Inc TX acquired a new stake in Vanguard Intermediate-Term Bond ETF during the 3rd quarter valued at $31,000.

Vanguard Intermediate-Term Bond ETF Stock Down 0.8%

BIV stock opened at $76.70 on Friday. Vanguard Intermediate-Term Bond ETF has a one year low of $74.44 and a one year high of $79.08. The company has a fifty day moving average price of $77.99 and a two-hundred day moving average price of $78.12.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were paid 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.

About Vanguard Intermediate-Term Bond ETF

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.