Absolute Capital Management LLC Has $516,000 Holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Absolute Capital Management LLC increased its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 15.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 6,897 shares of the company’s stock after purchasing an additional 948 shares during the period. Absolute Capital Management LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $516,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. HUB Investment Partners LLC acquired a new position in Vanguard Intermediate-Term Bond ETF in the 4th quarter worth $5,007,000. Grey Fox Wealth Advisors LLC acquired a new position in Vanguard Intermediate-Term Bond ETF in the 4th quarter worth $1,134,000. Kampmann Melissa S. boosted its stake in Vanguard Intermediate-Term Bond ETF by 1.7% in the 4th quarter. Kampmann Melissa S. now owns 22,239 shares of the company’s stock worth $1,662,000 after purchasing an additional 379 shares during the period. Richmond Brothers Inc. boosted its stake in Vanguard Intermediate-Term Bond ETF by 60.6% in the 4th quarter. Richmond Brothers Inc. now owns 70,526 shares of the company’s stock worth $5,270,000 after purchasing an additional 26,613 shares during the period. Finally, SageOak Financial LLC acquired a new position in Vanguard Intermediate-Term Bond ETF in the 4th quarter worth $2,425,000.

Vanguard Intermediate-Term Bond ETF Stock Performance

Vanguard Intermediate-Term Bond ETF stock opened at $76.40 on Friday. The firm has a 50-day moving average of $75.40 and a 200-day moving average of $76.07. Vanguard Intermediate-Term Bond ETF has a one year low of $72.95 and a one year high of $78.89.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.2531 per share. This is an increase from Vanguard Intermediate-Term Bond ETF’s previous dividend of $0.23. The ex-dividend date was Monday, March 3rd.

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).