Vanguard Intermediate-Term Bond ETF $BIV Shares Acquired by Conrad Siegel Investment Advisors Inc.

Conrad Siegel Investment Advisors Inc. lifted its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 88.6% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 164,305 shares of the company’s stock after acquiring an additional 77,202 shares during the period. Vanguard Intermediate-Term Bond ETF accounts for approximately 2.4% of Conrad Siegel Investment Advisors Inc.’s portfolio, making the stock its 10th biggest position. Conrad Siegel Investment Advisors Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $12,796,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of BIV. Envestnet Asset Management Inc. increased its position in Vanguard Intermediate-Term Bond ETF by 5.5% during the third quarter. Envestnet Asset Management Inc. now owns 19,586,319 shares of the company’s stock worth $1,529,496,000 after purchasing an additional 1,016,721 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in Vanguard Intermediate-Term Bond ETF by 8.8% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 9,911,931 shares of the company’s stock valued at $774,023,000 after purchasing an additional 805,042 shares during the last quarter. EP Wealth Advisors LLC grew its stake in shares of Vanguard Intermediate-Term Bond ETF by 12.6% in the 2nd quarter. EP Wealth Advisors LLC now owns 6,071,963 shares of the company’s stock valued at $469,606,000 after buying an additional 677,443 shares during the period. True Link Financial Advisors LLC increased its holdings in shares of Vanguard Intermediate-Term Bond ETF by 6.4% during the 3rd quarter. True Link Financial Advisors LLC now owns 4,852,251 shares of the company’s stock worth $378,912,000 after buying an additional 289,758 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in shares of Vanguard Intermediate-Term Bond ETF by 1.9% during the 3rd quarter. Ameriprise Financial Inc. now owns 4,052,118 shares of the company’s stock worth $315,993,000 after buying an additional 74,818 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

BIV stock opened at $76.52 on Friday. Vanguard Intermediate-Term Bond ETF has a one year low of $74.44 and a one year high of $79.08. The firm’s 50 day moving average price is $77.87 and its 200-day moving average price is $78.08.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were paid a $0.2514 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend was Monday, March 2nd.

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). 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.