Burt Wealth Advisors Purchases 33,745 Shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Burt Wealth Advisors boosted its position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 8.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 414,267 shares of the company’s stock after purchasing an additional 33,745 shares during the period. Vanguard Intermediate-Term Bond ETF makes up 7.9% of Burt Wealth Advisors’ portfolio, making the stock its 3rd biggest position. Burt Wealth Advisors’ holdings in Vanguard Intermediate-Term Bond ETF were worth $30,958,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in BIV. Nisa Investment Advisors LLC boosted its stake in shares of Vanguard Intermediate-Term Bond ETF by 2.7% during the 3rd quarter. Nisa Investment Advisors LLC now owns 9,280 shares of the company’s stock valued at $727,000 after buying an additional 245 shares during the last quarter. Gladstone Institutional Advisory LLC boosted its stake in Vanguard Intermediate-Term Bond ETF by 31.5% during the 3rd quarter. Gladstone Institutional Advisory LLC now owns 3,685 shares of the company’s stock valued at $289,000 after acquiring an additional 882 shares during the last quarter. Janney Montgomery Scott LLC grew its holdings in Vanguard Intermediate-Term Bond ETF by 2.2% during the 3rd quarter. Janney Montgomery Scott LLC now owns 440,169 shares of the company’s stock worth $34,496,000 after acquiring an additional 9,527 shares in the last quarter. Kanawha Capital Management LLC increased its position in shares of Vanguard Intermediate-Term Bond ETF by 50.3% in the 3rd quarter. Kanawha Capital Management LLC now owns 6,251 shares of the company’s stock worth $490,000 after purchasing an additional 2,091 shares during the last quarter. Finally, Sunesis Advisors LLC raised its stake in shares of Vanguard Intermediate-Term Bond ETF by 2.2% in the 3rd quarter. Sunesis Advisors LLC now owns 69,497 shares of the company’s stock valued at $5,446,000 after purchasing an additional 1,514 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Down 0.0 %

Shares of BIV stock opened at $76.57 on Tuesday. Vanguard Intermediate-Term Bond ETF has a one year low of $72.95 and a one year high of $78.89. The company’s 50-day simple moving average is $75.00 and its 200-day simple moving average is $76.19.

Vanguard Intermediate-Term Bond ETF Increases Dividend

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

Vanguard Intermediate-Term Bond ETF Company 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).