Mather Group LLC. Has $217.43 Million Position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Mather Group LLC. lifted its position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 7.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,909,578 shares of the company’s stock after buying an additional 194,263 shares during the quarter. Vanguard Intermediate-Term Bond ETF comprises about 2.8% of Mather Group LLC.’s holdings, making the stock its 10th largest position. Mather Group LLC.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $217,433,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of BIV. Blue Trust Inc. grew its position in shares of Vanguard Intermediate-Term Bond ETF by 88.7% during the 3rd quarter. Blue Trust Inc. now owns 402 shares of the company’s stock worth $30,000 after buying an additional 189 shares during the period. Coastline Trust Co bought a new position in Vanguard Intermediate-Term Bond ETF during the third quarter worth $32,000. Armstrong Advisory Group Inc. grew its holdings in Vanguard Intermediate-Term Bond ETF by 504.0% in the third quarter. Armstrong Advisory Group Inc. now owns 610 shares of the company’s stock worth $48,000 after purchasing an additional 509 shares during the period. Cedar Mountain Advisors LLC increased its stake in Vanguard Intermediate-Term Bond ETF by 3,887.5% in the fourth quarter. Cedar Mountain Advisors LLC now owns 957 shares of the company’s stock valued at $72,000 after purchasing an additional 933 shares in the last quarter. Finally, Sugarloaf Wealth Management LLC raised its holdings in shares of Vanguard Intermediate-Term Bond ETF by 35.3% during the third quarter. Sugarloaf Wealth Management LLC now owns 1,031 shares of the company’s stock valued at $81,000 after purchasing an additional 269 shares during the period.

Vanguard Intermediate-Term Bond ETF Price Performance

BIV stock opened at $74.95 on Tuesday. The company’s 50-day moving average is $75.18 and its 200-day moving average is $76.35. 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 company also recently declared a dividend, which will be paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd will be issued a $0.2531 dividend. The ex-dividend date of this dividend is Monday, February 3rd. This is a positive change from Vanguard Intermediate-Term Bond ETF’s previous dividend of $0.23.

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).