Patten Group Inc. Reduces Stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Patten Group Inc. lessened its position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 3.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 23,462 shares of the company’s stock after selling 916 shares during the quarter. Patten Group Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $1,753,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Montag A & Associates Inc. increased its position in shares of Vanguard Intermediate-Term Bond ETF by 112.9% during the 4th quarter. Montag A & Associates Inc. now owns 379 shares of the company’s stock valued at $28,000 after purchasing an additional 201 shares during the last quarter. Coastline Trust Co bought a new stake in Vanguard Intermediate-Term Bond ETF during the third quarter valued at approximately $32,000. Newbridge Financial Services Group Inc. purchased a new stake in Vanguard Intermediate-Term Bond ETF during the fourth quarter valued at approximately $45,000. Financial Connections Group Inc. raised its position in Vanguard Intermediate-Term Bond ETF by 32.0% in the fourth quarter. Financial Connections Group Inc. now owns 681 shares of the company’s stock worth $50,000 after acquiring an additional 165 shares during the period. Finally, Cape Investment Advisory Inc. boosted its stake in shares of Vanguard Intermediate-Term Bond ETF by 47.8% during the 4th quarter. Cape Investment Advisory Inc. now owns 748 shares of the company’s stock worth $56,000 after acquiring an additional 242 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

NYSEARCA:BIV opened at $76.57 on Tuesday. Vanguard Intermediate-Term Bond ETF has a one year low of $72.95 and a one year high of $78.89. The business has a fifty day moving average price of $75.00 and a 200-day moving average price of $76.19.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd will be paid a $0.2531 dividend. The ex-dividend date is Monday, March 3rd. This is an increase 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).