Poplar Forest Capital LLC Sells 2,363 Shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Poplar Forest Capital LLC decreased its position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 16.7% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 11,794 shares of the company’s stock after selling 2,363 shares during the quarter. Poplar Forest Capital LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $881,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Montag A & Associates Inc. grew 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 worth $28,000 after buying an additional 201 shares in the last quarter. Blue Trust Inc. grew its position in shares of 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 buying an additional 189 shares in the last quarter. Coastline Trust Co purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF during the 3rd quarter worth $32,000. Newbridge Financial Services Group Inc. purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF during the 4th quarter worth $45,000. Finally, Financial Connections Group Inc. lifted its stake in shares of Vanguard Intermediate-Term Bond ETF by 32.0% during the 4th quarter. Financial Connections Group Inc. now owns 681 shares of the company’s stock worth $50,000 after purchasing an additional 165 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of NYSEARCA BIV opened at $76.59 on Friday. Vanguard Intermediate-Term Bond ETF has a 1-year low of $72.95 and a 1-year high of $78.89. The business has a fifty day moving average price of $74.97 and a 200 day moving average price of $76.22.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, March 5th. Investors of record on Monday, March 3rd will be paid a dividend of $0.2531 per share. This is a boost from Vanguard Intermediate-Term Bond ETF’s previous dividend of $0.23. The ex-dividend date is Monday, March 3rd.

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).