Prestige Wealth Management Group LLC Purchases 2,548 Shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Prestige Wealth Management Group LLC boosted its position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 479.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,079 shares of the company’s stock after purchasing an additional 2,548 shares during the period. Prestige Wealth Management Group LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $230,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in BIV. Life Planning Partners Inc grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 7,045.4% during the fourth quarter. Life Planning Partners Inc now owns 1,677,246 shares of the company’s stock worth $125,341,000 after purchasing an additional 1,653,773 shares during the last quarter. Raymond James Financial Inc. bought a new stake in Vanguard Intermediate-Term Bond ETF during the 4th quarter worth about $104,398,000. EP Wealth Advisors LLC increased its position in Vanguard Intermediate-Term Bond ETF by 38.5% in the 3rd quarter. EP Wealth Advisors LLC now owns 3,037,989 shares of the company’s stock valued at $238,087,000 after acquiring an additional 844,917 shares in the last quarter. LPL Financial LLC raised its stake in shares of Vanguard Intermediate-Term Bond ETF by 17.3% in the fourth quarter. LPL Financial LLC now owns 4,536,942 shares of the company’s stock worth $339,046,000 after acquiring an additional 668,720 shares during the last quarter. Finally, BetterWealth LLC acquired a new position in shares of Vanguard Intermediate-Term Bond ETF during the fourth quarter worth approximately $29,666,000.

Vanguard Intermediate-Term Bond ETF Price Performance

BIV opened at $76.14 on Wednesday. The company’s 50 day simple moving average is $75.54 and its 200-day simple moving average is $76.01. Vanguard Intermediate-Term Bond ETF has a one year low of $72.95 and a one year high of $78.89.

Vanguard Intermediate-Term Bond ETF Increases Dividend

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

Vanguard Intermediate-Term Bond ETF 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).