Veridan Wealth LLC Invests $4.54 Million in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Veridan Wealth LLC bought a new position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 60,512 shares of the company’s stock, valued at approximately $4,535,000. Vanguard Intermediate-Term Bond ETF accounts for approximately 2.1% of Veridan Wealth LLC’s holdings, making the stock its 11th biggest position.

Several other institutional investors have also bought and sold shares of the stock. Evergreen Wealth Management LLC lifted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 2.8% during the fourth quarter. Evergreen Wealth Management LLC now owns 71,681 shares of the company’s stock valued at $5,357,000 after acquiring an additional 1,943 shares during the period. Wealthcare Advisory Partners LLC increased its position in shares of 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 worth $490,000 after purchasing an additional 2,408 shares in the last quarter. Brookstone Capital Management lifted its holdings in Vanguard Intermediate-Term Bond ETF by 12.1% during 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 during the last quarter. JPMorgan Chase & Co. boosted its position in Vanguard Intermediate-Term Bond ETF by 53.0% in the third quarter. JPMorgan Chase & Co. now owns 415,162 shares of the company’s stock valued at $32,536,000 after buying an additional 143,861 shares in the last quarter. Finally, Park Avenue Securities LLC grew its stake in Vanguard Intermediate-Term Bond ETF by 52.4% during the fourth 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 during the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Down 0.1 %

NYSEARCA BIV opened at $76.26 on Friday. Vanguard Intermediate-Term Bond ETF has a 1-year low of $72.95 and a 1-year high of $78.89. The company has a 50 day moving average of $74.94 and a 200-day moving average of $76.22.

Vanguard Intermediate-Term Bond ETF Increases Dividend

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