SNS Financial Group LLC Reduces Holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

SNS Financial Group LLC lowered its position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 2.7% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 72,507 shares of the company’s stock after selling 1,980 shares during the period. Vanguard Intermediate-Term Bond ETF accounts for approximately 0.6% of SNS Financial Group LLC’s portfolio, making the stock its 25th biggest holding. SNS Financial Group LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $5,418,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Grimes & Company Inc. increased its holdings in shares of Vanguard Intermediate-Term Bond ETF by 3.4% in the third quarter. Grimes & Company Inc. now owns 4,366 shares of the company’s stock valued at $342,000 after purchasing an additional 142 shares during the last quarter. Redwood Investment Management LLC increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 3.1% in the 3rd quarter. Redwood Investment Management LLC now owns 4,912 shares of the company’s stock worth $385,000 after acquiring an additional 146 shares during the last quarter. TSA Wealth Managment LLC raised its holdings in shares of Vanguard Intermediate-Term Bond ETF by 1.7% during the 3rd quarter. TSA Wealth Managment LLC now owns 8,693 shares of the company’s stock worth $681,000 after acquiring an additional 147 shares during the period. Barrett & Company Inc. boosted its position in shares of Vanguard Intermediate-Term Bond ETF by 2.4% during the 3rd quarter. Barrett & Company Inc. now owns 6,581 shares of the company’s stock valued at $516,000 after acquiring an additional 153 shares during the last quarter. Finally, HF Advisory Group LLC grew its holdings in shares of 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 Up 0.1 %

Shares of BIV stock opened at $75.13 on Thursday. The firm’s 50-day moving average is $74.90 and its two-hundred day moving average is $76.27. 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 firm also recently disclosed a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were issued a $0.2531 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is a boost from Vanguard Intermediate-Term Bond ETF’s previous dividend of $0.23.

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).