Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) is Cornerstone Planning Group LLC’s 3rd Largest Position

Cornerstone Planning Group LLC raised its position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 134.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 458,093 shares of the company’s stock after buying an additional 262,804 shares during the period. Vanguard Intermediate-Term Bond ETF makes up about 8.5% of Cornerstone Planning Group LLC’s holdings, making the stock its 3rd biggest holding. Cornerstone Planning Group LLC owned approximately 0.20% of Vanguard Intermediate-Term Bond ETF worth $34,453,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Grimes & Company Inc. increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 3.4% in the third quarter. Grimes & Company Inc. now owns 4,366 shares of the company’s stock valued at $342,000 after purchasing an additional 142 shares during the period. Redwood Investment Management LLC increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 3.1% in the third quarter. Redwood Investment Management LLC now owns 4,912 shares of the company’s stock valued at $385,000 after purchasing an additional 146 shares during the period. TSA Wealth Managment LLC increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 1.7% in the third quarter. TSA Wealth Managment LLC now owns 8,693 shares of the company’s stock valued at $681,000 after purchasing an additional 147 shares during the period. Barrett & Company Inc. increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 2.4% in the third quarter. Barrett & Company Inc. now owns 6,581 shares of the company’s stock valued at $516,000 after purchasing an additional 153 shares during the period. Finally, 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 valued at $222,000 after acquiring an additional 157 shares during the period.

Vanguard Intermediate-Term Bond ETF Trading Down 0.3 %

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 company’s 50 day simple moving average is $75.08 and its 200 day simple moving average is $76.33.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were paid a dividend of $0.2531 per share. The ex-dividend date was 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 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).