Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) Shares Purchased by IFG Advisors LLC

IFG Advisors LLC boosted its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 15.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 73,068 shares of the company’s stock after purchasing an additional 9,555 shares during the quarter. Vanguard Intermediate-Term Bond ETF comprises approximately 1.1% of IFG Advisors LLC’s portfolio, making the stock its 18th biggest position. IFG Advisors LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $5,460,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC raised its stake in shares of Vanguard Intermediate-Term Bond ETF by 5.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 25,089 shares of the company’s stock worth $1,877,000 after buying an additional 1,288 shares during the last quarter. Maia Wealth LLC raised its stake in Vanguard Intermediate-Term Bond ETF by 79.6% in the 4th quarter. Maia Wealth LLC now owns 8,318 shares of the company’s stock valued at $626,000 after purchasing an additional 3,687 shares during the last quarter. Cape Investment Advisory Inc. raised its stake in Vanguard Intermediate-Term Bond ETF by 47.8% in the 4th quarter. Cape Investment Advisory Inc. now owns 748 shares of the company’s stock valued at $56,000 after purchasing an additional 242 shares during the last quarter. PCG Asset Management LLC acquired a new position in Vanguard Intermediate-Term Bond ETF in the 4th quarter valued at about $4,726,000. Finally, Fisher Asset Management LLC raised its stake in Vanguard Intermediate-Term Bond ETF by 69.7% in the 4th quarter. Fisher Asset Management LLC now owns 4,420 shares of the company’s stock valued at $330,000 after purchasing an additional 1,815 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of BIV stock opened at $76.59 on Friday. The firm has a 50-day moving average price of $74.97 and a 200 day moving average price of $76.21. Vanguard Intermediate-Term Bond ETF has a twelve month low of $72.95 and a twelve month high of $78.89.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, March 5th. Investors of record on Monday, March 3rd will be paid a $0.2531 dividend. This is an increase from Vanguard Intermediate-Term Bond ETF’s previous dividend of $0.23. The ex-dividend date of this dividend is 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).