Richardson Financial Services Inc. Sells 1,900 Shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Richardson Financial Services Inc. decreased its holdings in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 48.3% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 2,031 shares of the company’s stock after selling 1,900 shares during the period. Richardson Financial Services Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $152,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Blue Trust Inc. raised its position in shares of Vanguard Intermediate-Term Bond ETF by 88.7% during the 3rd quarter. Blue Trust Inc. now owns 402 shares of the company’s stock valued at $30,000 after buying an additional 189 shares in the last quarter. Coastline Trust Co bought a new position in Vanguard Intermediate-Term Bond ETF in the third quarter valued at $32,000. Armstrong Advisory Group Inc. raised its position in Vanguard Intermediate-Term Bond ETF by 504.0% during the third quarter. Armstrong Advisory Group Inc. now owns 610 shares of the company’s stock valued at $48,000 after purchasing an additional 509 shares in the last quarter. Cedar Mountain Advisors LLC lifted its stake in Vanguard Intermediate-Term Bond ETF by 3,887.5% during the fourth quarter. Cedar Mountain Advisors LLC now owns 957 shares of the company’s stock worth $72,000 after purchasing an additional 933 shares during the last quarter. Finally, Sugarloaf Wealth Management LLC boosted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 35.3% in the 3rd quarter. Sugarloaf Wealth Management LLC now owns 1,031 shares of the company’s stock worth $81,000 after purchasing an additional 269 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Trading Down 0.1 %

Shares of Vanguard Intermediate-Term Bond ETF stock opened at $75.19 on Monday. Vanguard Intermediate-Term Bond ETF has a 12 month low of $72.95 and a 12 month high of $78.89. The business’s 50-day moving average price is $75.18 and its 200-day moving average price is $76.35.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd will be given a dividend of $0.2531 per share. This is a boost from Vanguard Intermediate-Term Bond ETF’s previous dividend of $0.23. The ex-dividend date of this dividend is Monday, February 3rd.

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).