MBA Advisors LLC Sells 857 Shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

MBA Advisors LLC lowered its position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 0.6% in the fourth quarter, Holdings Channel reports. The institutional investor owned 137,681 shares of the company’s stock after selling 857 shares during the quarter. Vanguard Intermediate-Term Bond ETF comprises approximately 5.2% of MBA Advisors LLC’s holdings, making the stock its largest position. MBA Advisors LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $10,289,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Grimes & Company Inc. boosted its stake in Vanguard Intermediate-Term Bond ETF by 3.4% during the third quarter. Grimes & Company Inc. now owns 4,366 shares of the company’s stock worth $342,000 after buying an additional 142 shares during the period. Redwood Investment Management LLC boosted its position in shares of Vanguard Intermediate-Term Bond ETF by 3.1% during the 3rd quarter. Redwood Investment Management LLC now owns 4,912 shares of the company’s stock worth $385,000 after purchasing an additional 146 shares during the period. TSA Wealth Managment LLC increased its holdings in Vanguard Intermediate-Term Bond ETF by 1.7% in the 3rd quarter. TSA Wealth Managment LLC now owns 8,693 shares of the company’s stock valued at $681,000 after purchasing an additional 147 shares during the last quarter. Barrett & Company Inc. increased its holdings in Vanguard Intermediate-Term Bond ETF by 2.4% in the 3rd quarter. Barrett & Company Inc. now owns 6,581 shares of the company’s stock valued at $516,000 after purchasing an additional 153 shares during the last quarter. Finally, HF Advisory Group LLC raised its position in Vanguard Intermediate-Term Bond ETF by 5.6% in the fourth quarter. HF Advisory Group LLC now owns 2,976 shares of the company’s stock valued at $222,000 after purchasing an additional 157 shares during the period.

Vanguard Intermediate-Term Bond ETF Stock Performance

BIV opened at $75.12 on Monday. Vanguard Intermediate-Term Bond ETF has a 52 week low of $72.95 and a 52 week high of $78.89. The business has a fifty day simple moving average of $75.08 and a 200-day simple moving average of $76.33.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were issued a dividend of $0.2531 per share. This is a boost 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 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).