Vanguard Intermediate-Term Bond ETF $BIV Shares Sold by Trustmark Bank Trust Department

Trustmark Bank Trust Department reduced its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 16.4% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 234,986 shares of the company’s stock after selling 46,016 shares during the period. Vanguard Intermediate-Term Bond ETF accounts for approximately 1.2% of Trustmark Bank Trust Department’s investment portfolio, making the stock its 20th largest position. Trustmark Bank Trust Department’s holdings in Vanguard Intermediate-Term Bond ETF were worth $18,350,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. OMNI 360 Wealth Inc. boosted its position in shares of Vanguard Intermediate-Term Bond ETF by 3.6% during the 3rd quarter. OMNI 360 Wealth Inc. now owns 3,693 shares of the company’s stock valued at $288,000 after acquiring an additional 129 shares during the last quarter. United Advisor Group LLC grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 5.0% in the second quarter. United Advisor Group LLC now owns 2,747 shares of the company’s stock valued at $212,000 after purchasing an additional 131 shares during the period. Koshinski Asset Management Inc. grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 1.1% in the third quarter. Koshinski Asset Management Inc. now owns 13,194 shares of the company’s stock valued at $1,030,000 after purchasing an additional 141 shares during the period. WealthCare Investment Partners LLC increased its position in Vanguard Intermediate-Term Bond ETF by 1.5% during the third quarter. WealthCare Investment Partners LLC now owns 9,642 shares of the company’s stock worth $753,000 after purchasing an additional 142 shares during the last quarter. Finally, AE Wealth Management LLC increased its position in Vanguard Intermediate-Term Bond ETF by 0.6% during the second quarter. AE Wealth Management LLC now owns 25,890 shares of the company’s stock worth $2,002,000 after purchasing an additional 148 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

Vanguard Intermediate-Term Bond ETF stock opened at $77.93 on Friday. The firm has a 50 day simple moving average of $78.09 and a 200-day simple moving average of $78.13. Vanguard Intermediate-Term Bond ETF has a 1-year low of $74.44 and a 1-year high of $79.08.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were given a $0.2514 dividend. This represents a c) annualized dividend and a yield of 3.9%. The ex-dividend date was Monday, March 2nd.

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.