Avantax Planning Partners Inc. Reduces Position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Avantax Planning Partners Inc. reduced its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 2.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 112,307 shares of the company’s stock after selling 3,212 shares during the period. Avantax Planning Partners Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $8,393,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Evergreen Wealth Management LLC grew its holdings in Vanguard Intermediate-Term Bond ETF by 2.8% in the 4th quarter. Evergreen Wealth Management LLC now owns 71,681 shares of the company’s stock valued at $5,357,000 after buying an additional 1,943 shares in the last quarter. Wealthcare Advisory Partners LLC boosted its position in shares of Vanguard Intermediate-Term Bond ETF by 58.0% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 6,561 shares of the company’s stock valued at $490,000 after acquiring an additional 2,408 shares during the last quarter. Brookstone Capital Management grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 12.1% in the fourth quarter. Brookstone Capital Management now owns 126,119 shares of the company’s stock valued at $9,425,000 after purchasing an additional 13,651 shares during the period. JPMorgan Chase & Co. increased its position in Vanguard Intermediate-Term Bond ETF by 53.0% during the third quarter. JPMorgan Chase & Co. now owns 415,162 shares of the company’s stock worth $32,536,000 after purchasing an additional 143,861 shares during the last quarter. Finally, Park Avenue Securities LLC raised its stake in Vanguard Intermediate-Term Bond ETF by 52.4% during the fourth quarter. Park Avenue Securities LLC now owns 14,838 shares of the company’s stock worth $1,109,000 after purchasing an additional 5,102 shares during the period.

Vanguard Intermediate-Term Bond ETF Trading Up 0.5 %

NYSEARCA:BIV opened at $76.34 on Tuesday. The company’s 50-day moving average is $75.16 and its two-hundred day moving average is $76.14. Vanguard Intermediate-Term Bond ETF has a 1-year low of $72.95 and a 1-year high of $78.89.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were issued a $0.2531 dividend. The ex-dividend date was Monday, March 3rd. This is a boost from Vanguard Intermediate-Term Bond ETF’s previous dividend of $0.23.

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).