Vanguard Intermediate-Term Bond ETF $BIV is ForthRight Wealth Management LLC’s 7th Largest Position

ForthRight Wealth Management LLC boosted its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 3.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 272,765 shares of the company’s stock after acquiring an additional 8,245 shares during the quarter. Vanguard Intermediate-Term Bond ETF comprises about 6.2% of ForthRight Wealth Management LLC’s investment portfolio, making the stock its 7th biggest position. ForthRight Wealth Management LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $21,300,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the stock. Evolution Wealth Management Inc. purchased a new position in shares of Vanguard Intermediate-Term Bond ETF in the 2nd quarter worth approximately $26,000. Blue Trust Inc. lifted its position in Vanguard Intermediate-Term Bond ETF by 85.5% in the third quarter. Blue Trust Inc. now owns 371 shares of the company’s stock worth $29,000 after buying an additional 171 shares during the last quarter. First Community Trust NA purchased a new position in Vanguard Intermediate-Term Bond ETF during the third quarter worth $30,000. Alpine Bank Wealth Management bought a new position in Vanguard Intermediate-Term Bond ETF during the third quarter valued at $33,000. Finally, CNB Bank bought a new position in Vanguard Intermediate-Term Bond ETF during the second quarter valued at $45,000.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of BIV opened at $78.60 on Friday. The company’s fifty day simple moving average is $77.92 and its 200-day simple moving average is $78.00. Vanguard Intermediate-Term Bond ETF has a twelve month low of $74.44 and a twelve month high of $78.91.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were paid a $0.2738 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a 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.