Wilkins Miller Wealth Management LLC Increases Position in Vanguard Intermediate-Term Bond ETF $BIV

Wilkins Miller Wealth Management LLC boosted its position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 72.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 20,565 shares of the company’s stock after acquiring an additional 8,618 shares during the quarter. Vanguard Intermediate-Term Bond ETF accounts for approximately 1.0% of Wilkins Miller Wealth Management LLC’s investment portfolio, making the stock its 29th biggest position. Wilkins Miller Wealth Management LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $1,589,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Evolution Wealth Management Inc. acquired a new position in shares of Vanguard Intermediate-Term Bond ETF in the second quarter valued at approximately $26,000. Blue Trust Inc. lifted its holdings in Vanguard Intermediate-Term Bond ETF by 85.5% during the 3rd quarter. Blue Trust Inc. now owns 371 shares of the company’s stock worth $29,000 after buying an additional 171 shares in the last quarter. First Community Trust NA purchased a new position in Vanguard Intermediate-Term Bond ETF in the 3rd quarter valued at approximately $30,000. Alpine Bank Wealth Management purchased a new position in Vanguard Intermediate-Term Bond ETF in the 3rd quarter valued at approximately $33,000. Finally, GPS Wealth Strategies Group LLC grew its stake in shares of Vanguard Intermediate-Term Bond ETF by 217.5% in the third quarter. GPS Wealth Strategies Group LLC now owns 762 shares of the company’s stock worth $59,000 after acquiring an additional 522 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of NYSEARCA BIV opened at $78.79 on Tuesday. The stock’s 50-day moving average is $78.00 and its two-hundred day moving average is $78.06. Vanguard Intermediate-Term Bond ETF has a 1-year low of $74.44 and a 1-year high of $78.91.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were issued a dividend of $0.2738 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 4.2%.

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). 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.