Rialto Wealth Management LLC Makes New Investment in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Rialto Wealth Management LLC purchased a new stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 758 shares of the company’s stock, valued at approximately $57,000.

A number of other hedge funds have also modified their holdings of BIV. Physician Wealth Solutions Inc. lifted its holdings in Vanguard Intermediate-Term Bond ETF by 0.4% during the fourth quarter. Physician Wealth Solutions Inc. now owns 36,788 shares of the company’s stock worth $2,749,000 after acquiring an additional 134 shares in the last quarter. Redwood Investment Management LLC lifted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 3.1% during the 3rd quarter. Redwood Investment Management LLC now owns 4,912 shares of the company’s stock valued at $385,000 after purchasing an additional 146 shares in the last quarter. TSA Wealth Managment LLC grew its position in shares of Vanguard Intermediate-Term Bond ETF by 1.7% in the 3rd quarter. TSA Wealth Managment LLC now owns 8,693 shares of the company’s stock valued at $681,000 after purchasing an additional 147 shares during the period. HF Advisory Group LLC increased its stake in Vanguard Intermediate-Term Bond ETF by 5.6% during the 4th quarter. HF Advisory Group LLC now owns 2,976 shares of the company’s stock worth $222,000 after purchasing an additional 157 shares in the last quarter. Finally, Outlook Wealth Advisors LLC increased its stake in Vanguard Intermediate-Term Bond ETF by 1.5% during the 4th quarter. Outlook Wealth Advisors LLC now owns 10,831 shares of the company’s stock worth $809,000 after purchasing an additional 161 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Trading Down 0.1 %

Vanguard Intermediate-Term Bond ETF stock opened at $75.97 on Monday. The company has a 50 day moving average of $75.13 and a 200-day moving average of $76.15. 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 business also recently disclosed a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were given a $0.2531 dividend. This is a boost from Vanguard Intermediate-Term Bond ETF’s previous dividend of $0.23. The ex-dividend date of this dividend was Monday, March 3rd.

Vanguard Intermediate-Term Bond ETF Profile

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).