Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) Shares Sold by Summit Wealth & Retirement Planning Inc.

Summit Wealth & Retirement Planning Inc. reduced its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 38.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 4,180 shares of the company’s stock after selling 2,583 shares during the period. Summit Wealth & Retirement Planning Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $312,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Austin Asset Management Co Inc boosted its stake in Vanguard Intermediate-Term Bond ETF by 7.1% during the fourth quarter. Austin Asset Management Co Inc now owns 147,931 shares of the company’s stock worth $11,055,000 after buying an additional 9,761 shares during the last quarter. Woodward Diversified Capital LLC raised its position in shares of Vanguard Intermediate-Term Bond ETF by 19.5% during the 4th quarter. Woodward Diversified Capital LLC now owns 3,603 shares of the company’s stock valued at $269,000 after buying an additional 587 shares during the period. Joel Isaacson & Co. LLC grew its position in Vanguard Intermediate-Term Bond ETF by 24.8% in the fourth quarter. Joel Isaacson & Co. LLC now owns 80,273 shares of the company’s stock worth $5,999,000 after acquiring an additional 15,966 shares during the period. Clarity Wealth Advisors LLC raised its position in Vanguard Intermediate-Term Bond ETF by 23.5% in the fourth quarter. Clarity Wealth Advisors LLC now owns 86,877 shares of the company’s stock valued at $6,492,000 after purchasing an additional 16,528 shares during the period. Finally, BLB&B Advisors LLC lifted its stake in shares of Vanguard Intermediate-Term Bond ETF by 12.7% in the 4th quarter. BLB&B Advisors LLC now owns 39,105 shares of the company’s stock valued at $2,922,000 after purchasing an additional 4,394 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of NYSEARCA:BIV opened at $75.12 on Friday. The business has a 50-day moving average price of $75.08 and a 200 day moving average price of $76.32. Vanguard Intermediate-Term Bond ETF has a 12-month low of $72.95 and a 12-month high of $78.89.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were issued a $0.2531 dividend. This is a positive change from Vanguard Intermediate-Term Bond ETF’s previous dividend of $0.23. The ex-dividend date of this dividend was Monday, February 3rd.

Vanguard Intermediate-Term Bond ETF Company 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).