Global Wealth Management Investment Advisory Inc. Acquires 909 Shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Global Wealth Management Investment Advisory Inc. increased its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 4.5% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 20,969 shares of the company’s stock after purchasing an additional 909 shares during the period. Global Wealth Management Investment Advisory Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $1,567,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of BIV. Eukles Asset Management grew its stake in shares of Vanguard Intermediate-Term Bond ETF by 412.0% in the fourth quarter. Eukles Asset Management now owns 1,106 shares of the company’s stock worth $83,000 after acquiring an additional 890 shares during the period. Cornerstone Planning Group LLC grew its position in Vanguard Intermediate-Term Bond ETF by 134.6% in the 4th quarter. Cornerstone Planning Group LLC now owns 458,093 shares of the company’s stock worth $34,453,000 after purchasing an additional 262,804 shares during the period. Fonville Wealth Management LLC raised its stake in Vanguard Intermediate-Term Bond ETF by 13.3% during the 4th quarter. Fonville Wealth Management LLC now owns 102,604 shares of the company’s stock valued at $7,668,000 after buying an additional 12,055 shares during the last quarter. Harbour Trust & Investment Management Co raised its stake in Vanguard Intermediate-Term Bond ETF by 8.6% during the 4th quarter. Harbour Trust & Investment Management Co now owns 49,521 shares of the company’s stock valued at $3,701,000 after buying an additional 3,903 shares during the last quarter. Finally, MFA Wealth Advisors LLC lifted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 17.6% during the 4th quarter. MFA Wealth Advisors LLC now owns 548,621 shares of the company’s stock valued at $40,998,000 after buying an additional 82,214 shares during the period.

Vanguard Intermediate-Term Bond ETF Stock Down 0.3 %

Shares of BIV opened at $75.12 on Monday. Vanguard Intermediate-Term Bond ETF has a one year low of $72.95 and a one year high of $78.89. The business has a fifty day moving average of $75.08 and a 200 day moving average of $76.33.

Vanguard Intermediate-Term Bond ETF Increases Dividend

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

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).