JPMorgan Chase & Co. Purchases 270,685 Shares of Vanguard Intermediate-Term Bond ETF $BIV

JPMorgan Chase & Co. lifted its position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 60.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 719,394 shares of the company’s stock after purchasing an additional 270,685 shares during the period. JPMorgan Chase & Co.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $56,177,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Evolution Wealth Management Inc. bought a new position in Vanguard Intermediate-Term Bond ETF during the 2nd quarter valued at approximately $26,000. Blue Trust Inc. raised its holdings in shares of Vanguard Intermediate-Term Bond ETF by 85.5% during the third quarter. Blue Trust Inc. now owns 371 shares of the company’s stock valued at $29,000 after acquiring an additional 171 shares in the last quarter. First Community Trust NA purchased a new stake in Vanguard Intermediate-Term Bond ETF in the third quarter worth $30,000. Alpine Bank Wealth Management bought a new stake in Vanguard Intermediate-Term Bond ETF in the third quarter valued at $33,000. Finally, GPS Wealth Strategies Group LLC increased its position in Vanguard Intermediate-Term Bond ETF by 217.5% during the 3rd quarter. GPS Wealth Strategies Group LLC now owns 762 shares of the company’s stock valued at $59,000 after purchasing an additional 522 shares during the period.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of NYSEARCA BIV opened at $78.69 on Thursday. The firm has a fifty day simple moving average of $78.02 and a two-hundred day simple moving average of $78.08. Vanguard Intermediate-Term Bond ETF has a 12 month low of $74.44 and a 12 month high of $78.91.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were paid a $0.2738 dividend. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend was Monday, February 2nd.

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). The Index includes all medium and larger issues of the United States Government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities between 5 and 10 years and are publicly issued.