Kovack Advisors Inc. Has $890,000 Stock Position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Kovack Advisors Inc. increased its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 8.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,909 shares of the company’s stock after acquiring an additional 882 shares during the quarter. Kovack Advisors Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $890,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Redwood Investment Management LLC grew its position in Vanguard Intermediate-Term Bond ETF by 3.1% in the 3rd quarter. Redwood Investment Management LLC now owns 4,912 shares of the company’s stock worth $385,000 after purchasing an additional 146 shares in the last quarter. TSA Wealth Managment LLC lifted its holdings in Vanguard Intermediate-Term Bond ETF by 1.7% during the third quarter. TSA Wealth Managment LLC now owns 8,693 shares of the company’s stock worth $681,000 after acquiring an additional 147 shares during the period. HF Advisory Group LLC lifted its holdings in 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 worth $222,000 after acquiring an additional 157 shares during the period. Outlook Wealth Advisors LLC boosted its position in Vanguard Intermediate-Term Bond ETF by 1.5% in the fourth quarter. Outlook Wealth Advisors LLC now owns 10,831 shares of the company’s stock worth $809,000 after purchasing an additional 161 shares during the last quarter. Finally, Financial Connections Group Inc. grew its stake in Vanguard Intermediate-Term Bond ETF by 32.0% in the 4th quarter. Financial Connections Group Inc. now owns 681 shares of the company’s stock valued at $50,000 after purchasing an additional 165 shares during the period.

Vanguard Intermediate-Term Bond ETF Stock Down 0.1 %

Shares of Vanguard Intermediate-Term Bond ETF stock opened at $76.26 on Friday. The stock has a fifty day moving average price of $74.94 and a 200-day moving average price of $76.22. 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 business 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. This is a positive change from Vanguard Intermediate-Term Bond ETF’s previous dividend of $0.23. The ex-dividend date of this dividend was Monday, February 3rd.

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).