Brooklyn FI LLC Makes New Investment in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Brooklyn FI LLC purchased a new position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 38,478 shares of the company’s stock, valued at approximately $2,921,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Flagship Wealth Advisors LLC purchased a new position in Vanguard Intermediate-Term Bond ETF in the 4th quarter worth $25,000. Montag A & Associates Inc. increased its holdings in shares of Vanguard Intermediate-Term Bond ETF by 112.9% in the fourth quarter. Montag A & Associates Inc. now owns 379 shares of the company’s stock valued at $28,000 after purchasing an additional 201 shares during the period. Newbridge Financial Services Group Inc. purchased a new position in shares of Vanguard Intermediate-Term Bond ETF in the fourth quarter worth about $45,000. Financial Connections Group Inc. lifted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 32.0% during the fourth quarter. Financial Connections Group Inc. now owns 681 shares of the company’s stock worth $50,000 after purchasing an additional 165 shares during the period. Finally, Cape Investment Advisory Inc. boosted its position in Vanguard Intermediate-Term Bond ETF by 47.8% in the fourth quarter. Cape Investment Advisory Inc. now owns 748 shares of the company’s stock valued at $56,000 after buying an additional 242 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

BIV opened at $76.10 on Wednesday. Vanguard Intermediate-Term Bond ETF has a 12-month low of $72.95 and a 12-month high of $78.89. The firm has a 50 day moving average of $75.33 and a two-hundred day moving average of $76.07.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.2531 per share. The ex-dividend date of this dividend was Monday, March 3rd. This is a positive change 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).