Austin Private Wealth LLC Reduces Position in Vanguard Intermediate-Term Bond ETF $BIV

Austin Private Wealth LLC decreased its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 72.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 6,868 shares of the company’s stock after selling 18,498 shares during the period. Austin Private Wealth LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $535,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the business. Franklin Resources Inc. increased its holdings in shares of Vanguard Intermediate-Term Bond ETF by 61.8% in the second quarter. Franklin Resources Inc. now owns 5,284 shares of the company’s stock valued at $409,000 after purchasing an additional 2,019 shares during the last quarter. Edgestream Partners L.P. purchased a new position in Vanguard Intermediate-Term Bond ETF during the second quarter worth approximately $1,136,000. StoneX Group Inc. boosted its stake in Vanguard Intermediate-Term Bond ETF by 12.6% during the second quarter. StoneX Group Inc. now owns 58,082 shares of the company’s stock worth $4,492,000 after buying an additional 6,504 shares during the last quarter. Cerity Partners LLC boosted its stake in Vanguard Intermediate-Term Bond ETF by 5.4% during the second quarter. Cerity Partners LLC now owns 835,852 shares of the company’s stock worth $64,645,000 after buying an additional 42,736 shares during the last quarter. Finally, Cary Street Partners Financial LLC grew its holdings in Vanguard Intermediate-Term Bond ETF by 3.0% in the 2nd quarter. Cary Street Partners Financial LLC now owns 523,825 shares of the company’s stock valued at $37,479,000 after buying an additional 15,020 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of BIV opened at $77.08 on Friday. Vanguard Intermediate-Term Bond ETF has a 52-week low of $74.44 and a 52-week high of $79.08. The stock has a fifty day simple moving average of $77.80 and a two-hundred day simple moving average of $78.02.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were issued a $0.2514 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend 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.