San Luis Wealth Advisors LLC Cuts Stock Holdings in Vanguard Intermediate-Term Bond ETF $BIV

San Luis Wealth Advisors LLC reduced its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 31.1% during the 3rd quarter, Holdings Channel reports. The fund owned 93,148 shares of the company’s stock after selling 42,094 shares during the quarter. Vanguard Intermediate-Term Bond ETF makes up approximately 1.3% of San Luis Wealth Advisors LLC’s investment portfolio, making the stock its 20th biggest position. San Luis Wealth Advisors LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $7,274,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. American Trust acquired a new position in Vanguard Intermediate-Term Bond ETF during the 2nd quarter worth $82,058,000. Envestnet Asset Management Inc. raised its position in Vanguard Intermediate-Term Bond ETF by 5.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 19,586,319 shares of the company’s stock valued at $1,529,496,000 after purchasing an additional 1,016,721 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Vanguard Intermediate-Term Bond ETF by 8.8% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 9,911,931 shares of the company’s stock valued at $774,023,000 after buying an additional 805,042 shares during the period. EP Wealth Advisors LLC boosted its stake in shares of Vanguard Intermediate-Term Bond ETF by 12.6% in the 2nd quarter. EP Wealth Advisors LLC now owns 6,071,963 shares of the company’s stock valued at $469,606,000 after buying an additional 677,443 shares during the period. Finally, BCM Advisors LLC grew its position in shares of Vanguard Intermediate-Term Bond ETF by 50.2% during the third quarter. BCM Advisors LLC now owns 1,316,515 shares of the company’s stock worth $103,768,000 after buying an additional 439,920 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of Vanguard Intermediate-Term Bond ETF stock opened at $77.65 on Wednesday. The business has a 50-day simple moving average of $78.04 and a 200-day simple moving average of $78.14. Vanguard Intermediate-Term Bond ETF has a one year low of $74.44 and a one year high of $79.08.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

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