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

PCG Asset Management LLC purchased a new stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 63,240 shares of the company’s stock, valued at approximately $4,726,000. Vanguard Intermediate-Term Bond ETF accounts for about 4.1% of PCG Asset Management LLC’s holdings, making the stock its 5th biggest holding.

A number of other institutional investors and hedge funds have also recently modified their holdings of BIV. Fisher Asset Management LLC lifted its position in shares of Vanguard Intermediate-Term Bond ETF by 69.7% during the 4th quarter. Fisher Asset Management LLC now owns 4,420 shares of the company’s stock valued at $330,000 after acquiring an additional 1,815 shares during the period. Maripau Wealth Management LLC bought a new stake in Vanguard Intermediate-Term Bond ETF in the fourth quarter valued at $476,000. TD Capital Management LLC acquired a new position in shares of Vanguard Intermediate-Term Bond ETF during the fourth quarter valued at about $467,000. Veridan Wealth LLC bought a new position in shares of Vanguard Intermediate-Term Bond ETF during the 4th quarter worth about $4,535,000. Finally, Gordian Advisors LLC boosted its position in shares of Vanguard Intermediate-Term Bond ETF by 5.9% during the 4th quarter. Gordian Advisors LLC now owns 370,515 shares of the company’s stock worth $27,689,000 after purchasing an additional 20,689 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Up 0.4 %

Shares of Vanguard Intermediate-Term Bond ETF stock opened at $76.59 on Friday. The business has a 50-day simple moving average of $74.97 and a 200 day simple moving average of $76.21. Vanguard Intermediate-Term Bond ETF has a one year low of $72.95 and a one year high of $78.89.

Vanguard Intermediate-Term Bond ETF Increases Dividend

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