Parallel Advisors LLC Decreases Holdings in Vanguard Intermediate-Term Bond ETF (BIV)

Parallel Advisors LLC reduced its position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 16.1% in the first quarter, HoldingsChannel reports. The firm owned 2,879 shares of the company’s stock after selling 553 shares during the period. Parallel Advisors LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $242,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of BIV. Bank of New York Mellon Corp boosted its stake in Vanguard Intermediate-Term Bond ETF by 7.4% during the 3rd quarter. Bank of New York Mellon Corp now owns 625,469 shares of the company’s stock valued at $50,337,000 after purchasing an additional 43,173 shares in the last quarter. Vanguard Group Inc. boosted its stake in Vanguard Intermediate-Term Bond ETF by 378.7% during the 3rd quarter. Vanguard Group Inc. now owns 12,409 shares of the company’s stock valued at $999,000 after purchasing an additional 9,817 shares in the last quarter. Vanguard Group Inc boosted its stake in Vanguard Intermediate-Term Bond ETF by 378.7% during the 3rd quarter. Vanguard Group Inc now owns 12,409 shares of the company’s stock valued at $999,000 after purchasing an additional 9,817 shares in the last quarter. Visionary Asset Management Inc. boosted its stake in Vanguard Intermediate-Term Bond ETF by 312.4% during the 4th quarter. Visionary Asset Management Inc. now owns 172,300 shares of the company’s stock valued at $14,006,000 after purchasing an additional 130,519 shares in the last quarter. Finally, HT Partners LLC boosted its stake in Vanguard Intermediate-Term Bond ETF by 944.3% during the 4th quarter. HT Partners LLC now owns 113,886 shares of the company’s stock valued at $9,258,000 after purchasing an additional 102,980 shares in the last quarter.

Shares of NYSEARCA BIV opened at $83.81 on Friday. Vanguard Intermediate-Term Bond ETF has a 1 year low of $79.35 and a 1 year high of $84.27.

The business also recently disclosed a monthly dividend, which was paid on Monday, May 6th. Stockholders of record on Thursday, May 2nd were given a dividend of $0.1973 per share. The ex-dividend date of this dividend was Wednesday, May 1st. This represents a $2.37 dividend on an annualized basis and a dividend yield of 2.82%.

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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).

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Want to see what other hedge funds are holding BIV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV).

Institutional Ownership by Quarter for Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

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