Vanguard Intermediate-Term Bond ETF (BIV) Shares Sold by Welch & Forbes LLC

Welch & Forbes LLC reduced its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 23.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 68,872 shares of the company’s stock after selling 21,012 shares during the quarter. Welch & Forbes LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $5,600,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Beacon Capital Management Inc. grew its holdings in Vanguard Intermediate-Term Bond ETF by 797.4% during the 4th quarter. Beacon Capital Management Inc. now owns 6,824,336 shares of the company’s stock valued at $554,750,000 after buying an additional 6,063,858 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 0.6% in the third quarter. Envestnet Asset Management Inc. now owns 6,070,293 shares of the company’s stock valued at $488,537,000 after purchasing an additional 38,973 shares in the last quarter. LPL Financial LLC grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 1.6% in the third quarter. LPL Financial LLC now owns 1,331,748 shares of the company’s stock valued at $107,179,000 after purchasing an additional 20,439 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 7.4% in the third quarter. Bank of New York Mellon Corp now owns 625,469 shares of the company’s stock valued at $50,337,000 after purchasing an additional 43,173 shares in the last quarter. Finally, Baird Financial Group Inc. grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 10.0% in the third quarter. Baird Financial Group Inc. now owns 389,729 shares of the company’s stock valued at $31,252,000 after purchasing an additional 35,427 shares in the last quarter.

Shares of BIV stock traded down $0.04 on Tuesday, reaching $82.25. The company’s stock had a trading volume of 205,440 shares, compared to its average volume of 1,602,160. Vanguard Intermediate-Term Bond ETF has a 1 year low of $79.35 and a 1 year high of $82.66.

The firm also recently announced a monthly dividend, which was paid on Wednesday, February 6th. Investors of record on Monday, February 4th were issued a $0.2181 dividend. The ex-dividend date was Friday, February 1st. This is a positive change from Vanguard Intermediate-Term Bond ETF’s previous monthly dividend of $0.20. This represents a $2.62 dividend on an annualized basis and a dividend yield of 3.18%.

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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).

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Institutional Ownership by Quarter for Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

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