HUB Investment Partners LLC Buys Shares of 67,000 Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

HUB Investment Partners LLC purchased a new position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 67,000 shares of the company’s stock, valued at approximately $5,007,000.

Other large investors have also modified their holdings of the company. Pathstone Holdings LLC boosted its holdings in Vanguard Intermediate-Term Bond ETF by 9.2% during the third quarter. Pathstone Holdings LLC now owns 28,820 shares of the company’s stock worth $2,259,000 after buying an additional 2,427 shares in the last quarter. Prospera Financial Services Inc lifted its stake in Vanguard Intermediate-Term Bond ETF by 33.1% in the 3rd quarter. Prospera Financial Services Inc now owns 52,813 shares of the company’s stock worth $4,144,000 after purchasing an additional 13,144 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in Vanguard Intermediate-Term Bond ETF by 1.9% during the third quarter. PNC Financial Services Group Inc. now owns 455,803 shares of the company’s stock worth $35,721,000 after buying an additional 8,290 shares during the last quarter. Silver Oak Advisory Group Inc. grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 6.0% in the third quarter. Silver Oak Advisory Group Inc. now owns 72,161 shares of the company’s stock valued at $5,655,000 after purchasing an additional 4,058 shares during the period. Finally, EverSource Wealth Advisors LLC grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 2.4% in the third quarter. EverSource Wealth Advisors LLC now owns 98,463 shares of the company’s stock valued at $7,717,000 after purchasing an additional 2,331 shares during the period.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of BIV opened at $76.34 on Thursday. Vanguard Intermediate-Term Bond ETF has a 12-month low of $72.95 and a 12-month high of $78.89. The firm has a 50-day moving average price of $75.36 and a 200 day moving average price of $76.07.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were issued a $0.2531 dividend. The ex-dividend date was Monday, March 3rd. This is a positive change from Vanguard Intermediate-Term Bond ETF’s previous dividend of $0.23.

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).