Vanguard Intermediate-Term Bond ETF $BIV Stock Position Raised by BetterWealth LLC

BetterWealth LLC boosted its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 5.6% in the fourth quarter, HoldingsChannel reports. The firm owned 464,919 shares of the company’s stock after acquiring an additional 24,530 shares during the period. Vanguard Intermediate-Term Bond ETF makes up approximately 8.3% of BetterWealth LLC’s holdings, making the stock its 3rd largest holding. BetterWealth LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $36,208,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in BIV. American Trust bought a new position in shares of Vanguard Intermediate-Term Bond ETF during the 2nd quarter valued at $82,058,000. Envestnet Asset Management Inc. grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 5.5% in the third quarter. Envestnet Asset Management Inc. now owns 19,586,319 shares of the company’s stock worth $1,529,496,000 after acquiring an additional 1,016,721 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 8.8% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 9,911,931 shares of the company’s stock worth $774,023,000 after acquiring an additional 805,042 shares during the period. EP Wealth Advisors LLC increased its position in Vanguard Intermediate-Term Bond ETF by 12.6% during the second quarter. EP Wealth Advisors LLC now owns 6,071,963 shares of the company’s stock valued at $469,606,000 after acquiring an additional 677,443 shares during the last quarter. Finally, BCM Advisors LLC increased its position in Vanguard Intermediate-Term Bond ETF by 50.2% during the third quarter. BCM Advisors LLC now owns 1,316,515 shares of the company’s stock valued at $103,768,000 after acquiring an additional 439,920 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

BIV stock opened at $76.90 on Thursday. The business’s 50-day moving average is $77.83 and its two-hundred day moving average is $78.05. Vanguard Intermediate-Term Bond ETF has a fifty-two week low of $74.44 and a fifty-two week high of $79.08.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

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

Vanguard Intermediate-Term Bond ETF Company 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.