Werba Rubin Papier Wealth Management Decreases Holdings in Vanguard Intermediate-Term Bond ETF $BIV

Werba Rubin Papier Wealth Management trimmed its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 48.2% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 17,008 shares of the company’s stock after selling 15,818 shares during the quarter. Werba Rubin Papier Wealth Management’s holdings in Vanguard Intermediate-Term Bond ETF were worth $1,328,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Compass Planning Associates Inc raised its position in Vanguard Intermediate-Term Bond ETF by 33.4% in the 2nd quarter. Compass Planning Associates Inc now owns 92,822 shares of the company’s stock worth $7,179,000 after purchasing an additional 23,260 shares during the period. Verus Financial Partners Inc. grew its stake in shares of Vanguard Intermediate-Term Bond ETF by 2.8% during the second quarter. Verus Financial Partners Inc. now owns 558,110 shares of the company’s stock valued at $42,818,000 after buying an additional 15,174 shares during the last quarter. Sovereign Investment Advisors LLC increased its holdings in shares of Vanguard Intermediate-Term Bond ETF by 4.1% in the second quarter. Sovereign Investment Advisors LLC now owns 99,588 shares of the company’s stock worth $7,702,000 after buying an additional 3,930 shares during the period. Consilium Wealth Advisory LLC lifted its stake in shares of Vanguard Intermediate-Term Bond ETF by 1.1% in the 2nd quarter. Consilium Wealth Advisory LLC now owns 89,994 shares of the company’s stock valued at $6,960,000 after acquiring an additional 1,000 shares during the last quarter. Finally, Wells Trecaso Financial Group LLC lifted its stake in shares of Vanguard Intermediate-Term Bond ETF by 2.7% in the 2nd quarter. Wells Trecaso Financial Group LLC now owns 30,012 shares of the company’s stock valued at $2,321,000 after acquiring an additional 801 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

BIV opened at $77.87 on Friday. The stock’s 50 day simple moving average is $78.02 and its 200 day simple moving average is $77.90. 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 company also recently announced a monthly dividend, which will be paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd will be issued a $0.2738 dividend. The ex-dividend date is Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 4.2%.

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). 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.