Ballentine Partners LLC Decreases Holdings in Vanguard Intermediate-Term Bond ETF (BIV)

Ballentine Partners LLC trimmed its position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 57.5% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,714 shares of the company’s stock after selling 17,207 shares during the period. Ballentine Partners LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $1,067,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Wells Trecaso Financial Group LLC acquired a new position in Vanguard Intermediate-Term Bond ETF during the fourth quarter worth $1,620,000. Iberiabank Corp lifted its stake in Vanguard Intermediate-Term Bond ETF by 53.7% during the fourth quarter. Iberiabank Corp now owns 31,253 shares of the company’s stock worth $2,541,000 after purchasing an additional 10,921 shares in the last quarter. Rehmann Capital Advisory Group lifted its stake in Vanguard Intermediate-Term Bond ETF by 82.5% during the fourth quarter. Rehmann Capital Advisory Group now owns 8,904 shares of the company’s stock worth $708,000 after purchasing an additional 4,024 shares in the last quarter. SRS Capital Advisors Inc. lifted its stake in Vanguard Intermediate-Term Bond ETF by 38.4% during the fourth quarter. SRS Capital Advisors Inc. now owns 6,811 shares of the company’s stock worth $554,000 after purchasing an additional 1,889 shares in the last quarter. Finally, Raymond James & Associates lifted its stake in Vanguard Intermediate-Term Bond ETF by 7.6% during the fourth quarter. Raymond James & Associates now owns 132,629 shares of the company’s stock worth $10,781,000 after purchasing an additional 9,410 shares in the last quarter.

NYSEARCA:BIV opened at $84.45 on Monday. Vanguard Intermediate-Term Bond ETF has a 52 week low of $79.35 and a 52 week high of $84.56.

The company also recently declared a monthly dividend, which was paid on Monday, May 6th. Shareholders of record on Thursday, May 2nd were paid a dividend of $0.1973 per share. This represents a $2.37 dividend on an annualized basis and a yield of 2.80%. The ex-dividend date of this dividend was Wednesday, May 1st.

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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).

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Institutional Ownership by Quarter for Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

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