Vanguard Intermediate-Term Bond ETF Announces Monthly Dividend of $0.27 (NYSEARCA:BIV)

by · The Markets Daily

Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV – Get Free Report) announced a monthly dividend on Thursday, January 8th. Investors of record on Monday, February 2nd will be paid a dividend of 0.2738 per share on Wednesday, February 4th. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend is Monday, February 2nd.

Vanguard Intermediate-Term Bond ETF Price Performance

NYSEARCA:BIV traded down $0.01 on Friday, reaching $77.87. 2,138,626 shares of the company’s stock were exchanged, compared to its average volume of 2,318,736. The stock has a fifty day simple moving average of $78.02 and a 200-day simple moving average of $77.90. Vanguard Intermediate-Term Bond ETF has a 52 week low of $74.44 and a 52 week high of $78.91.

Institutional Trading of Vanguard Intermediate-Term Bond ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. American Trust purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF in the second quarter worth about $82,058,000. Envestnet Asset Management Inc. boosted its holdings in Vanguard Intermediate-Term Bond ETF by 5.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 19,586,319 shares of the company’s stock valued at $1,529,496,000 after purchasing an additional 1,016,721 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in shares of Vanguard Intermediate-Term Bond ETF by 8.8% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 9,911,931 shares of the company’s stock valued at $774,023,000 after purchasing an additional 805,042 shares in the last quarter. EP Wealth Advisors LLC increased its holdings in shares of Vanguard Intermediate-Term Bond ETF by 12.6% in the second quarter. EP Wealth Advisors LLC now owns 6,071,963 shares of the company’s stock worth $469,606,000 after purchasing an additional 677,443 shares during the period. Finally, TIAA Trust National Association raised its position in shares of Vanguard Intermediate-Term Bond ETF by 23.4% in the second quarter. TIAA Trust National Association now owns 2,372,485 shares of the company’s stock worth $183,488,000 after buying an additional 450,557 shares in the last quarter.

About Vanguard Intermediate-Term Bond ETF

(Get Free Report)

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.

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