First Merchants Corp Purchases 14,384 Shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

First Merchants Corp boosted its position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 8.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 194,931 shares of the company’s stock after acquiring an additional 14,384 shares during the period. First Merchants Corp’s holdings in Vanguard Intermediate-Term Bond ETF were worth $14,567,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Grimes & Company Inc. increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 3.4% in the third quarter. Grimes & Company Inc. now owns 4,366 shares of the company’s stock worth $342,000 after purchasing an additional 142 shares during the period. Redwood Investment Management LLC grew its holdings in Vanguard Intermediate-Term Bond ETF by 3.1% in the 3rd quarter. Redwood Investment Management LLC now owns 4,912 shares of the company’s stock valued at $385,000 after buying an additional 146 shares during the last quarter. TSA Wealth Managment LLC increased its position in 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 worth $681,000 after buying an additional 147 shares during the period. Barrett & Company Inc. lifted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 2.4% during the third quarter. Barrett & Company Inc. now owns 6,581 shares of the company’s stock worth $516,000 after buying an additional 153 shares during the last quarter. Finally, HF Advisory Group LLC boosted its position in shares of Vanguard Intermediate-Term Bond ETF by 5.6% in the fourth quarter. HF Advisory Group LLC now owns 2,976 shares of the company’s stock valued at $222,000 after acquiring an additional 157 shares during the period.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of Vanguard Intermediate-Term Bond ETF stock opened at $75.03 on Friday. Vanguard Intermediate-Term Bond ETF has a 1 year low of $72.95 and a 1 year high of $78.89. The company’s fifty day simple moving average is $75.00 and its 200-day simple moving average is $76.31.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were 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 was Monday, February 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).