Everhart Financial Group Inc. Reduces Holdings in Vanguard Intermediate-Term Bond ETF $BIV

Everhart Financial Group Inc. lowered its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 6.4% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 381,643 shares of the company’s stock after selling 26,067 shares during the quarter. Vanguard Intermediate-Term Bond ETF makes up 2.8% of Everhart Financial Group Inc.’s portfolio, making the stock its 7th biggest position. Everhart Financial Group Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $29,722,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. OMNI 360 Wealth Inc. boosted its holdings in Vanguard Intermediate-Term Bond ETF by 3.6% in the third quarter. OMNI 360 Wealth Inc. now owns 3,693 shares of the company’s stock worth $288,000 after acquiring an additional 129 shares in the last quarter. Koshinski Asset Management Inc. increased its holdings in shares of Vanguard Intermediate-Term Bond ETF by 1.1% during the third quarter. Koshinski Asset Management Inc. now owns 13,194 shares of the company’s stock valued at $1,030,000 after acquiring an additional 141 shares in the last quarter. WealthCare Investment Partners LLC raised its position in shares of Vanguard Intermediate-Term Bond ETF by 1.5% in the 3rd quarter. WealthCare Investment Partners LLC now owns 9,642 shares of the company’s stock worth $753,000 after purchasing an additional 142 shares during the last quarter. Oarsman Capital Inc. raised its position in shares of Vanguard Intermediate-Term Bond ETF by 5.2% in the 3rd quarter. Oarsman Capital Inc. now owns 2,903 shares of the company’s stock worth $227,000 after purchasing an additional 143 shares during the last quarter. Finally, IFP Advisors Inc boosted its stake in Vanguard Intermediate-Term Bond ETF by 1.2% in the 3rd quarter. IFP Advisors Inc now owns 12,670 shares of the company’s stock worth $989,000 after purchasing an additional 151 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Trading Down 0.8%

Shares of Vanguard Intermediate-Term Bond ETF stock opened at $76.70 on Friday. Vanguard Intermediate-Term Bond ETF has a 1 year low of $74.44 and a 1 year high of $79.08. The firm’s 50-day moving average is $77.99 and its 200 day moving average is $78.12.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were paid a $0.2514 dividend. This represents a c) annualized dividend and a dividend 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.