Kestra Investment Management LLC Makes New Investment in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Kestra Investment Management LLC bought a new stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 2,496 shares of the company’s stock, valued at approximately $187,000.

A number of other large investors also recently made changes to their positions in the company. Montag A & Associates Inc. boosted its position in Vanguard Intermediate-Term Bond ETF by 112.9% in the fourth quarter. Montag A & Associates Inc. now owns 379 shares of the company’s stock worth $28,000 after purchasing an additional 201 shares during the last quarter. Blue Trust Inc. raised its stake in shares of Vanguard Intermediate-Term Bond ETF by 88.7% during the 3rd quarter. Blue Trust Inc. now owns 402 shares of the company’s stock worth $30,000 after purchasing an additional 189 shares during the period. Coastline Trust Co purchased a new position in shares of Vanguard Intermediate-Term Bond ETF in the 3rd quarter worth about $32,000. Newbridge Financial Services Group Inc. bought a new position in Vanguard Intermediate-Term Bond ETF during the fourth quarter valued at about $45,000. Finally, Financial Connections Group Inc. increased its holdings in Vanguard Intermediate-Term Bond ETF by 32.0% during the fourth quarter. Financial Connections Group Inc. now owns 681 shares of the company’s stock worth $50,000 after buying an additional 165 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Trading Up 0.2 %

BIV opened at $75.28 on Friday. Vanguard Intermediate-Term Bond ETF has a twelve month low of $72.95 and a twelve month high of $78.89. The company’s 50-day moving average price is $74.88 and its two-hundred day moving average price is $76.26.

Vanguard Intermediate-Term Bond ETF Increases Dividend

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