FPC Investment Advisory Inc. Has $20.47 Million Position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

FPC Investment Advisory Inc. decreased its position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 3.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 272,187 shares of the company’s stock after selling 9,068 shares during the quarter. Vanguard Intermediate-Term Bond ETF accounts for approximately 15.0% of FPC Investment Advisory Inc.’s investment portfolio, making the stock its 2nd largest position. FPC Investment Advisory Inc. owned 0.12% of Vanguard Intermediate-Term Bond ETF worth $20,466,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Blue Trust Inc. raised its stake in Vanguard Intermediate-Term Bond ETF by 88.7% during the third quarter. Blue Trust Inc. now owns 402 shares of the company’s stock worth $30,000 after acquiring an additional 189 shares in the last quarter. Joel Isaacson & Co. LLC raised its stake in Vanguard Intermediate-Term Bond ETF by 48.8% during the third quarter. Joel Isaacson & Co. LLC now owns 64,307 shares of the company’s stock worth $5,040,000 after acquiring an additional 21,086 shares in the last quarter. PFG Investments LLC raised its stake in Vanguard Intermediate-Term Bond ETF by 417.1% during the third quarter. PFG Investments LLC now owns 30,039 shares of the company’s stock worth $2,354,000 after acquiring an additional 24,230 shares in the last quarter. Consolidated Portfolio Review Corp raised its stake in Vanguard Intermediate-Term Bond ETF by 5.3% during the third quarter. Consolidated Portfolio Review Corp now owns 247,247 shares of the company’s stock worth $19,377,000 after acquiring an additional 12,400 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised 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 acquiring an additional 597,770 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of NYSEARCA BIV opened at $75.59 on Friday. Vanguard Intermediate-Term Bond ETF has a 12 month low of $72.95 and a 12 month high of $78.89. The stock has a 50-day moving average price of $74.86 and a two-hundred day moving average price of $76.24.

Vanguard Intermediate-Term Bond ETF Increases Dividend

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

About Vanguard Intermediate-Term Bond ETF

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).