PHH Investments Ltd. Sells 3,868 Shares of Vanguard Intermediate-Term Bond ETF (BIV)

PHH Investments Ltd. decreased its holdings in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 9.3% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 37,648 shares of the company’s stock after selling 3,868 shares during the period. Vanguard Intermediate-Term Bond ETF makes up 0.9% of PHH Investments Ltd.’s holdings, making the stock its 17th largest position. PHH Investments Ltd.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $3,160,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of BIV. First Manhattan Co. acquired a new position in shares of Vanguard Intermediate-Term Bond ETF in the 4th quarter valued at $42,000. Hanson & Doremus Investment Management grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 85.5% in the 4th quarter. Hanson & Doremus Investment Management now owns 538 shares of the company’s stock valued at $44,000 after buying an additional 248 shares during the period. Blume Capital Management Inc. acquired a new position in shares of Vanguard Intermediate-Term Bond ETF in the 4th quarter valued at $57,000. Capital Financial Planning LLC acquired a new position in shares of Vanguard Intermediate-Term Bond ETF in the 4th quarter valued at $57,000. Finally, Pinnacle Bank acquired a new position in shares of Vanguard Intermediate-Term Bond ETF in the 4th quarter valued at $60,000.

Shares of BIV stock traded up $0.20 on Thursday, hitting $84.33. The stock had a trading volume of 37,641 shares, compared to its average volume of 909,876. Vanguard Intermediate-Term Bond ETF has a twelve month low of $79.35 and a twelve month high of $84.34.

The company also recently declared a monthly dividend, which was paid on Monday, May 6th. Stockholders of record on Thursday, May 2nd were issued a $0.1973 dividend. This represents a $2.37 annualized dividend and a dividend yield of 2.81%. The ex-dividend date was Wednesday, May 1st.

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

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