Jim Saulnier & Associates LLC Sells 7,440 Shares of Vanguard Intermediate-Term Bond ETF $BIV

Jim Saulnier & Associates LLC lowered its position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 16.0% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 39,153 shares of the company’s stock after selling 7,440 shares during the quarter. Vanguard Intermediate-Term Bond ETF accounts for approximately 1.7% of Jim Saulnier & Associates LLC’s investment portfolio, making the stock its 12th biggest holding. Jim Saulnier & Associates LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $3,057,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of BIV. OMNI 360 Wealth Inc. raised its position in Vanguard Intermediate-Term Bond ETF by 3.6% in the third quarter. OMNI 360 Wealth Inc. now owns 3,693 shares of the company’s stock worth $288,000 after acquiring an additional 129 shares during the period. IFG Advisory LLC increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 3.2% in the 2nd quarter. IFG Advisory LLC now owns 4,183 shares of the company’s stock worth $324,000 after purchasing an additional 130 shares in the last quarter. United Advisor Group LLC raised its holdings in Vanguard Intermediate-Term Bond ETF by 5.0% in the 2nd quarter. United Advisor Group LLC now owns 2,747 shares of the company’s stock worth $212,000 after purchasing an additional 131 shares during the period. Partners in Financial Planning lifted its position in Vanguard Intermediate-Term Bond ETF by 0.7% during the second quarter. Partners in Financial Planning now owns 17,947 shares of the company’s stock valued at $1,388,000 after purchasing an additional 133 shares in the last quarter. Finally, AE Wealth Management LLC grew its holdings in Vanguard Intermediate-Term Bond ETF by 0.6% during the second quarter. AE Wealth Management LLC now owns 25,890 shares of the company’s stock valued at $2,002,000 after purchasing an additional 148 shares during the period.

Vanguard Intermediate-Term Bond ETF Stock Up 0.1%

NYSEARCA BIV opened at $77.88 on Friday. Vanguard Intermediate-Term Bond ETF has a 52 week low of $74.44 and a 52 week high of $78.91. The stock’s 50-day moving average price is $78.03 and its 200-day moving average price is $77.89.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd will be paid a $0.2738 dividend. The ex-dividend date of this dividend is Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

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.