TIAA Trust National Association Buys 262,004 Shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

TIAA Trust National Association lifted its position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 13.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,162,753 shares of the company’s stock after purchasing an additional 262,004 shares during the quarter. TIAA Trust National Association owned about 0.93% of Vanguard Intermediate-Term Bond ETF worth $161,623,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Flagship Wealth Advisors LLC bought a new position in shares of Vanguard Intermediate-Term Bond ETF during the 4th quarter valued at approximately $25,000. Montag A & Associates Inc. lifted its position in Vanguard Intermediate-Term Bond ETF by 112.9% during the fourth quarter. Montag A & Associates Inc. now owns 379 shares of the company’s stock valued at $28,000 after purchasing an additional 201 shares during the last quarter. Newbridge Financial Services Group Inc. purchased a new position in shares of Vanguard Intermediate-Term Bond ETF in the 4th quarter worth $45,000. Financial Connections Group Inc. grew its stake in shares of Vanguard Intermediate-Term Bond ETF by 32.0% in the 4th quarter. Financial Connections Group Inc. now owns 681 shares of the company’s stock worth $50,000 after buying an additional 165 shares in the last quarter. Finally, Cape Investment Advisory Inc. increased its holdings in shares of Vanguard Intermediate-Term Bond ETF by 47.8% in the 4th quarter. Cape Investment Advisory Inc. now owns 748 shares of the company’s stock worth $56,000 after buying an additional 242 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of NYSEARCA BIV opened at $76.02 on Tuesday. Vanguard Intermediate-Term Bond ETF has a 1-year low of $72.95 and a 1-year high of $78.89. The business’s 50 day moving average is $75.50 and its two-hundred day moving average is $76.03.

Vanguard Intermediate-Term Bond ETF Increases Dividend

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

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).