Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) Shares Acquired by American Money Management LLC

American Money Management LLC boosted its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 8.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 232,173 shares of the company’s stock after purchasing an additional 18,612 shares during the quarter. Vanguard Intermediate-Term Bond ETF comprises approximately 3.4% of American Money Management LLC’s investment portfolio, making the stock its 5th biggest position. American Money Management LLC owned about 0.10% of Vanguard Intermediate-Term Bond ETF worth $17,350,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Physician Wealth Solutions Inc. grew its stake in Vanguard Intermediate-Term Bond ETF by 0.4% in the 4th quarter. Physician Wealth Solutions Inc. now owns 36,788 shares of the company’s stock valued at $2,749,000 after buying an additional 134 shares during the last quarter. Redwood Investment Management LLC boosted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 3.1% during the third quarter. Redwood Investment Management LLC now owns 4,912 shares of the company’s stock worth $385,000 after acquiring an additional 146 shares during the period. Ashton Thomas Securities LLC grew its position in shares of Vanguard Intermediate-Term Bond ETF by 1.5% in the fourth quarter. Ashton Thomas Securities LLC now owns 9,996 shares of the company’s stock valued at $747,000 after purchasing an additional 152 shares during the last quarter. HF Advisory Group LLC increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 5.6% during the fourth quarter. HF Advisory Group LLC now owns 2,976 shares of the company’s stock worth $222,000 after purchasing an additional 157 shares during the period. Finally, Outlook Wealth Advisors LLC lifted its holdings in Vanguard Intermediate-Term Bond ETF by 1.5% during the 4th quarter. Outlook Wealth Advisors LLC now owns 10,831 shares of the company’s stock worth $809,000 after purchasing an additional 161 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

BIV opened at $76.41 on Friday. The business has a fifty day simple moving average of $75.63 and a 200 day simple moving average of $75.98. Vanguard Intermediate-Term Bond ETF has a 1 year low of $72.95 and a 1 year 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. Stockholders of record on Monday, March 3rd were given a $0.2531 dividend. 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).