Cooper Financial Group Has $40.86 Million Stock Position in Vanguard Intermediate-Term Bond ETF $BIV

Cooper Financial Group raised its position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 7.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 524,705 shares of the company’s stock after purchasing an additional 35,494 shares during the period. Vanguard Intermediate-Term Bond ETF makes up approximately 4.3% of Cooper Financial Group’s investment portfolio, making the stock its 5th biggest position. Cooper Financial Group’s holdings in Vanguard Intermediate-Term Bond ETF were worth $40,864,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Sovereign Financial Group Inc. raised its holdings in shares of Vanguard Intermediate-Term Bond ETF by 4.1% during the 4th quarter. Sovereign Financial Group Inc. now owns 77,949 shares of the company’s stock worth $6,071,000 after buying an additional 3,052 shares in the last quarter. Retirement Wealth Solutions LLC lifted its position in shares of Vanguard Intermediate-Term Bond ETF by 1.4% during the 4th quarter. Retirement Wealth Solutions LLC now owns 31,727 shares of the company’s stock worth $2,471,000 after buying an additional 433 shares during the last quarter. WealthCare Investment Partners LLC boosted its stake in Vanguard Intermediate-Term Bond ETF by 2.8% in the fourth quarter. WealthCare Investment Partners LLC now owns 9,908 shares of the company’s stock valued at $771,000 after buying an additional 266 shares in the last quarter. Safir Wealth Advisors LLC grew its position in Vanguard Intermediate-Term Bond ETF by 3.1% in the fourth quarter. Safir Wealth Advisors LLC now owns 135,907 shares of the company’s stock valued at $10,584,000 after acquiring an additional 4,105 shares during the last quarter. Finally, Avior Wealth Management LLC raised its stake in Vanguard Intermediate-Term Bond ETF by 4.6% during the fourth quarter. Avior Wealth Management LLC now owns 421,555 shares of the company’s stock worth $32,831,000 after acquiring an additional 18,688 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of NYSEARCA BIV opened at $76.70 on Friday. Vanguard Intermediate-Term Bond ETF has a 12 month low of $74.44 and a 12 month high of $79.08. The stock has a 50-day moving average price of $77.99 and a two-hundred day moving average price of $78.12.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were given a dividend of $0.2514 per share. This represents a c) dividend on an annualized basis 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.