Wealthfront Advisers LLC Buys 149,087 Shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Wealthfront Advisers LLC grew its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 85.3% in the 4th quarter, Holdings Channel reports. The institutional investor owned 323,900 shares of the company’s stock after buying an additional 149,087 shares during the quarter. Wealthfront Advisers LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $24,205,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the company. Montag A & Associates Inc. raised its holdings in Vanguard Intermediate-Term Bond ETF by 112.9% during the 4th 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. Coastline Trust Co bought a new stake in Vanguard Intermediate-Term Bond ETF in the 3rd quarter valued at about $32,000. Newbridge Financial Services Group Inc. bought a new stake in shares of Vanguard Intermediate-Term Bond ETF during the fourth quarter valued at about $45,000. Financial Connections Group Inc. increased its position 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 worth $50,000 after purchasing an additional 165 shares during the last quarter. Finally, Cape Investment Advisory Inc. boosted its stake in Vanguard Intermediate-Term Bond ETF by 47.8% in the fourth quarter. Cape Investment Advisory Inc. now owns 748 shares of the company’s stock worth $56,000 after buying an additional 242 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of Vanguard Intermediate-Term Bond ETF stock opened at $76.07 on Wednesday. The company’s 50 day moving average price is $75.19 and its 200-day moving average price is $76.13. Vanguard Intermediate-Term Bond ETF has a 52-week low of $72.95 and a 52-week high of $78.89.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were given a $0.2531 dividend. This is a positive change from Vanguard Intermediate-Term Bond ETF’s previous dividend of $0.23. The ex-dividend date was Monday, March 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).