DAVENPORT & Co LLC Purchases 10,350 Shares of Vanguard Intermediate-Term Bond ETF $BIV

DAVENPORT & Co LLC lifted its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 6.6% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 167,502 shares of the company’s stock after buying an additional 10,350 shares during the period. DAVENPORT & Co LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $13,045,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Evolution Wealth Management Inc. bought a new stake in Vanguard Intermediate-Term Bond ETF during the second quarter worth $26,000. Blue Trust Inc. grew 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 purchasing an additional 171 shares during the period. First Community Trust NA bought a new position in Vanguard Intermediate-Term Bond ETF in the 3rd quarter valued at $30,000. Kelleher Financial Advisors purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF during the 3rd quarter valued at $30,000. Finally, Texas Capital Bancshares Inc TX purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF during the 3rd quarter valued at $31,000.

Vanguard Intermediate-Term Bond ETF Trading Up 0.4%

NYSEARCA BIV opened at $77.07 on Thursday. The business’s fifty day moving average is $77.92 and its 200-day moving average is $78.10. Vanguard Intermediate-Term Bond ETF has a one year low of $74.44 and a one year high of $79.08.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

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

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.