Bank of Stockton Sells 43,073 Shares of Vanguard Intermediate-Term Bond ETF $BIV

Bank of Stockton decreased its position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 48.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,504 shares of the company’s stock after selling 43,073 shares during the quarter. Vanguard Intermediate-Term Bond ETF makes up approximately 1.0% of Bank of Stockton’s portfolio, making the stock its 21st largest position. Bank of Stockton’s holdings in Vanguard Intermediate-Term Bond ETF were worth $3,544,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in BIV. First Horizon Corp purchased a new position in shares of Vanguard Intermediate-Term Bond ETF in the 3rd quarter worth about $1,471,000. Clarity Wealth Advisors LLC boosted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 18.2% in the 3rd quarter. Clarity Wealth Advisors LLC now owns 114,011 shares of the company’s stock worth $8,903,000 after buying an additional 17,562 shares during the last quarter. First Merchants Corp boosted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 3.3% in the 3rd quarter. First Merchants Corp now owns 289,280 shares of the company’s stock worth $22,590,000 after buying an additional 9,107 shares during the last quarter. Redhawk Wealth Advisors Inc. boosted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 12.5% in the 3rd quarter. Redhawk Wealth Advisors Inc. now owns 82,871 shares of the company’s stock worth $6,471,000 after buying an additional 9,177 shares during the last quarter. Finally, Benjamin Edwards Inc. boosted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 112.9% in the 3rd quarter. Benjamin Edwards Inc. now owns 19,984 shares of the company’s stock worth $1,562,000 after buying an additional 10,596 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of NYSEARCA:BIV opened at $76.92 on Tuesday. The company’s 50-day moving average is $77.78 and its 200 day moving average is $78.01. Vanguard Intermediate-Term Bond ETF has a fifty-two week low of $74.44 and a fifty-two week high of $79.08.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

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