Members Trust Co Makes New $722,000 Investment in Vanguard Intermediate-Term Bond ETF $BIV

Members Trust Co purchased a new position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 9,250 shares of the company’s stock, valued at approximately $722,000.

A number of other institutional investors also recently modified their holdings of BIV. Milestone Investment Advisors LLC increased its position in shares of Vanguard Intermediate-Term Bond ETF by 1.4% during the third quarter. Milestone Investment Advisors LLC now owns 76,971 shares of the company’s stock worth $6,011,000 after buying an additional 1,094 shares during the period. Moors & Cabot Inc. lifted its holdings in Vanguard Intermediate-Term Bond ETF by 13.1% in the third quarter. Moors & Cabot Inc. now owns 4,157 shares of the company’s stock valued at $325,000 after buying an additional 481 shares during the period. National Bank of Canada FI boosted its position in Vanguard Intermediate-Term Bond ETF by 33.7% during the third quarter. National Bank of Canada FI now owns 13,038 shares of the company’s stock valued at $1,019,000 after acquiring an additional 3,284 shares during the last quarter. Moneta Group Investment Advisors LLC boosted its position in Vanguard Intermediate-Term Bond ETF by 123.7% during the third quarter. Moneta Group Investment Advisors LLC now owns 48,525 shares of the company’s stock valued at $3,789,000 after acquiring an additional 26,834 shares during the last quarter. Finally, Lido Advisors LLC grew its holdings in Vanguard Intermediate-Term Bond ETF by 12.4% during the 3rd quarter. Lido Advisors LLC now owns 182,911 shares of the company’s stock worth $14,284,000 after acquiring an additional 20,141 shares during the period.

Vanguard Intermediate-Term Bond ETF Price Performance

BIV stock opened at $77.45 on Tuesday. The stock has a 50-day moving average price of $78.04 and a 200-day moving average price of $78.14. Vanguard Intermediate-Term Bond ETF has a 1-year low of $74.44 and a 1-year high of $79.08.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

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

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.