Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) Stake Lifted by IFP Advisors Inc

IFP Advisors Inc increased its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 56.3% in the 4th quarter, HoldingsChannel reports. The fund owned 31,254 shares of the company’s stock after acquiring an additional 11,254 shares during the period. IFP Advisors Inc’s holdings in Vanguard Intermediate-Term Bond ETF were worth $2,336,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in BIV. Montag A & Associates Inc. boosted its holdings in shares of 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 valued at $28,000 after acquiring an additional 201 shares in the last quarter. Blue Trust Inc. boosted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 88.7% in the third quarter. Blue Trust Inc. now owns 402 shares of the company’s stock valued at $30,000 after acquiring an additional 189 shares in the last quarter. Coastline Trust Co bought a new position in shares of Vanguard Intermediate-Term Bond ETF in the third quarter valued at approximately $32,000. Newbridge Financial Services Group Inc. bought a new position in shares of Vanguard Intermediate-Term Bond ETF in the fourth quarter valued at approximately $45,000. Finally, Financial Connections Group Inc. boosted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 32.0% in the fourth quarter. Financial Connections Group Inc. now owns 681 shares of the company’s stock valued at $50,000 after acquiring an additional 165 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Trading Up 0.6 %

Vanguard Intermediate-Term Bond ETF stock opened at $76.20 on Wednesday. The firm has a 50 day simple moving average of $74.88 and a 200-day simple moving average of $76.22. Vanguard Intermediate-Term Bond ETF has a 12-month low of $72.95 and a 12-month high of $78.89.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were issued a dividend of $0.2531 per share. This is a boost from Vanguard Intermediate-Term Bond ETF’s previous dividend of $0.23. The ex-dividend date 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).