Exchange Traded Concepts LLC Decreases Stock Holdings in Vanguard Intermediate-Term Bond ETF $BIV

Exchange Traded Concepts LLC lowered its position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 18.0% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 79,803 shares of the company’s stock after selling 17,527 shares during the period. Exchange Traded Concepts LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $6,215,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in BIV. American Trust bought a new position in shares of Vanguard Intermediate-Term Bond ETF during the second quarter valued at about $82,058,000. Envestnet Asset Management Inc. boosted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 5.5% during the third quarter. Envestnet Asset Management Inc. now owns 19,586,319 shares of the company’s stock worth $1,529,496,000 after purchasing an additional 1,016,721 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in shares of Vanguard Intermediate-Term Bond ETF by 8.8% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 9,911,931 shares of the company’s stock worth $774,023,000 after purchasing an additional 805,042 shares during the last quarter. EP Wealth Advisors LLC grew its stake in shares of Vanguard Intermediate-Term Bond ETF by 12.6% in the second quarter. EP Wealth Advisors LLC now owns 6,071,963 shares of the company’s stock worth $469,606,000 after purchasing an additional 677,443 shares during the last quarter. Finally, BCM Advisors LLC increased its holdings in Vanguard Intermediate-Term Bond ETF by 50.2% during the 3rd quarter. BCM Advisors LLC now owns 1,316,515 shares of the company’s stock valued at $103,768,000 after purchasing an additional 439,920 shares during the period.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of NYSEARCA:BIV opened at $76.52 on Monday. The stock’s 50-day moving average is $77.87 and its 200 day moving average is $78.07. Vanguard Intermediate-Term Bond ETF has a 1 year low of $74.44 and a 1 year high of $79.08.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were given a $0.2514 dividend. 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 Company 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.