TFB Advisors LLC Acquires 1,671 Shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

TFB Advisors LLC lifted its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 57.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,595 shares of the company’s stock after purchasing an additional 1,671 shares during the quarter. TFB Advisors LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $343,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Wealthcare Advisory Partners LLC increased its stake in Vanguard Intermediate-Term Bond ETF by 58.0% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 6,561 shares of the company’s stock valued at $490,000 after purchasing an additional 2,408 shares in the last quarter. Exchange Traded Concepts LLC purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF during the third quarter valued at approximately $618,000. Brookstone Capital Management increased its position in shares of Vanguard Intermediate-Term Bond ETF by 12.1% during the fourth quarter. Brookstone Capital Management now owns 126,119 shares of the company’s stock valued at $9,425,000 after acquiring an additional 13,651 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Vanguard Intermediate-Term Bond ETF by 53.0% during the third quarter. JPMorgan Chase & Co. now owns 415,162 shares of the company’s stock valued at $32,536,000 after acquiring an additional 143,861 shares in the last quarter. Finally, Gemmer Asset Management LLC raised its holdings in Vanguard Intermediate-Term Bond ETF by 2.5% in the 3rd quarter. Gemmer Asset Management LLC now owns 129,608 shares of the company’s stock worth $10,157,000 after acquiring an additional 3,133 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Down 0.5 %

BIV stock opened at $74.62 on Thursday. The stock’s 50 day simple moving average is $75.03 and its 200 day simple moving average is $76.32. Vanguard Intermediate-Term Bond ETF has a 12-month low of $72.95 and a 12-month high of $78.89.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were issued 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 was Monday, February 3rd.

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).