Bay Capital Advisors LLC Has $5.32 Million Stake in Vanguard Intermediate-Term Bond ETF $BIV

Bay Capital Advisors LLC increased its holdings in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 85.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 68,242 shares of the company’s stock after buying an additional 31,434 shares during the quarter. Vanguard Intermediate-Term Bond ETF accounts for about 3.2% of Bay Capital Advisors LLC’s holdings, making the stock its 7th biggest holding. Bay Capital Advisors LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $5,315,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Evolution Wealth Management Inc. bought a new position in shares of Vanguard Intermediate-Term Bond ETF in the 2nd quarter valued at $26,000. Blue Trust Inc. lifted its holdings in Vanguard Intermediate-Term Bond ETF by 85.5% during the 3rd quarter. Blue Trust Inc. now owns 371 shares of the company’s stock worth $29,000 after buying an additional 171 shares during the period. First Community Trust NA bought a new stake in shares of Vanguard Intermediate-Term Bond ETF in the 3rd quarter valued at about $30,000. Kelleher Financial Advisors acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF in the third quarter valued at about $30,000. Finally, Texas Capital Bancshares Inc TX acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF in the third quarter valued at about $31,000.

Vanguard Intermediate-Term Bond ETF Stock Down 0.4%

Vanguard Intermediate-Term Bond ETF stock opened at $76.90 on Thursday. The stock’s 50 day moving average is $77.83 and its 200 day moving average is $78.05. 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 company also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.2514 per share. The ex-dividend date 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.