Patton Albertson Miller Group LLC Buys 8,101 Shares of Vanguard Intermediate-Term Bond ETF $BIV

Patton Albertson Miller Group LLC boosted its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 9.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 93,205 shares of the company’s stock after buying an additional 8,101 shares during the period. Patton Albertson Miller Group LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $7,278,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of BIV. Evolution Wealth Management Inc. bought a new stake in shares of Vanguard Intermediate-Term Bond ETF in the second quarter worth about $26,000. Blue Trust Inc. increased its stake in Vanguard Intermediate-Term Bond ETF by 85.5% in the 3rd quarter. Blue Trust Inc. now owns 371 shares of the company’s stock valued at $29,000 after buying an additional 171 shares during the last quarter. First Community Trust NA acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF in the third quarter valued at about $30,000. Alpine Bank Wealth Management bought a new stake in shares of Vanguard Intermediate-Term Bond ETF during the 3rd quarter worth approximately $33,000. Finally, CNB Bank bought a new stake in Vanguard Intermediate-Term Bond ETF during the second quarter worth $45,000.

Vanguard Intermediate-Term Bond ETF Trading Up 0.1%

Shares of NYSEARCA BIV opened at $77.88 on Friday. The stock has a 50 day moving average of $78.03 and a 200-day moving average of $77.89. Vanguard Intermediate-Term Bond ETF has a 12 month low of $74.44 and a 12 month high of $78.91.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd will be given a $0.2738 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date is Monday, February 2nd.

Vanguard Intermediate-Term Bond ETF 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.