LPL Financial LLC Has $339.05 Million Stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

LPL Financial LLC grew its holdings in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 17.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,536,942 shares of the company’s stock after purchasing an additional 668,720 shares during the period. LPL Financial LLC owned about 1.96% of Vanguard Intermediate-Term Bond ETF worth $339,046,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Evergreen Wealth Management LLC raised its stake in Vanguard Intermediate-Term Bond ETF by 2.8% in the fourth quarter. Evergreen Wealth Management LLC now owns 71,681 shares of the company’s stock valued at $5,357,000 after purchasing an additional 1,943 shares in the last quarter. Wealthcare Advisory Partners LLC lifted its stake in Vanguard Intermediate-Term Bond ETF by 58.0% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 6,561 shares of the company’s stock worth $490,000 after purchasing an additional 2,408 shares during the last quarter. Brookstone Capital Management boosted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 12.1% in the 4th quarter. Brookstone Capital Management now owns 126,119 shares of the company’s stock valued at $9,425,000 after purchasing an additional 13,651 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 53.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 415,162 shares of the company’s stock valued at $32,536,000 after purchasing an additional 143,861 shares during the last quarter. Finally, Park Avenue Securities LLC raised its holdings in shares of Vanguard Intermediate-Term Bond ETF by 52.4% during the 4th quarter. Park Avenue Securities LLC now owns 14,838 shares of the company’s stock worth $1,109,000 after buying an additional 5,102 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Down 0.0 %

NYSEARCA:BIV opened at $76.38 on Monday. Vanguard Intermediate-Term Bond ETF has a twelve month low of $72.95 and a twelve month high of $78.89. The stock’s 50-day simple moving average is $75.45 and its 200 day simple moving average is $76.04.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were given a dividend of $0.2531 per share. This is a boost from Vanguard Intermediate-Term Bond ETF’s previous dividend of $0.23. The ex-dividend date was Monday, March 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).