Fonville Wealth Management LLC Grows Position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Fonville Wealth Management LLC grew its position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 13.3% in the fourth quarter, Holdings Channel reports. The fund owned 102,604 shares of the company’s stock after buying an additional 12,055 shares during the quarter. Vanguard Intermediate-Term Bond ETF makes up about 2.5% of Fonville Wealth Management LLC’s portfolio, making the stock its 11th biggest position. Fonville Wealth Management LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $7,668,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of BIV. True Link Financial Advisors LLC raised its position in Vanguard Intermediate-Term Bond ETF by 6.6% during the fourth quarter. True Link Financial Advisors LLC now owns 3,952,928 shares of the company’s stock valued at $295,402,000 after purchasing an additional 245,701 shares during the period. LPL Financial LLC increased its position in shares of Vanguard Intermediate-Term Bond ETF by 3.7% during the 3rd quarter. LPL Financial LLC now owns 3,868,222 shares of the company’s stock valued at $303,153,000 after purchasing an additional 139,780 shares during the last quarter. EP Wealth Advisors LLC raised its holdings in Vanguard Intermediate-Term Bond ETF by 38.5% during the 3rd quarter. EP Wealth Advisors LLC now owns 3,037,989 shares of the company’s stock valued at $238,087,000 after buying an additional 844,917 shares during the period. Mather Group LLC. lifted its position in Vanguard Intermediate-Term Bond ETF by 7.2% in the fourth quarter. Mather Group LLC. now owns 2,909,578 shares of the company’s stock worth $217,433,000 after buying an additional 194,263 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in Vanguard Intermediate-Term Bond ETF by 59.0% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 1,610,345 shares of the company’s stock worth $126,203,000 after buying an additional 597,770 shares during the period.

Vanguard Intermediate-Term Bond ETF Trading Down 0.3 %

Shares of NYSEARCA:BIV opened at $75.12 on Monday. Vanguard Intermediate-Term Bond ETF has a 12 month low of $72.95 and a 12 month high of $78.89. The firm’s 50-day moving average is $75.08 and its 200 day moving average is $76.33.

Vanguard Intermediate-Term Bond ETF Increases Dividend

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

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).