Apollon Wealth Management LLC Lowers Position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Apollon Wealth Management LLC trimmed its position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 47.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,589 shares of the company’s stock after selling 6,776 shares during the quarter. Apollon Wealth Management LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $567,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in BIV. Blue Trust Inc. increased its position in Vanguard Intermediate-Term Bond ETF by 88.7% during the 3rd quarter. Blue Trust Inc. now owns 402 shares of the company’s stock worth $30,000 after purchasing an additional 189 shares during the period. Coastline Trust Co acquired a new position in Vanguard Intermediate-Term Bond ETF during the third quarter worth $32,000. Cedar Mountain Advisors LLC raised its position in Vanguard Intermediate-Term Bond ETF by 3,887.5% in the fourth quarter. Cedar Mountain Advisors LLC now owns 957 shares of the company’s stock worth $72,000 after acquiring an additional 933 shares in the last quarter. Bristlecone Advisors LLC acquired a new stake in Vanguard Intermediate-Term Bond ETF in the third quarter valued at $102,000. Finally, Bull Oak Capital LLC purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF during the 3rd quarter worth $103,000.

Vanguard Intermediate-Term Bond ETF Stock Down 0.5 %

NYSEARCA:BIV opened at $74.62 on Thursday. The firm’s fifty day simple moving average is $75.03 and its 200-day simple moving average is $76.32. Vanguard Intermediate-Term Bond ETF has a fifty-two week low of $72.95 and a fifty-two week high of $78.89.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, February 5th. Shareholders 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.

Vanguard Intermediate-Term Bond ETF Company 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).