SBI Securities Co. Ltd. Purchases New Position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

SBI Securities Co. Ltd. purchased a new stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 2,136 shares of the company’s stock, valued at approximately $160,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp boosted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 8.1% in the fourth quarter. Jones Financial Companies Lllp now owns 1,508,819 shares of the company’s stock valued at $112,754,000 after acquiring an additional 112,638 shares during the period. IFG Advisors LLC raised its stake in shares of Vanguard Intermediate-Term Bond ETF by 15.0% during the fourth quarter. IFG Advisors LLC now owns 73,068 shares of the company’s stock worth $5,460,000 after purchasing an additional 9,555 shares during the last quarter. Smartleaf Asset Management LLC raised its stake in shares of Vanguard Intermediate-Term Bond ETF by 5.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 25,089 shares of the company’s stock worth $1,877,000 after purchasing an additional 1,288 shares during the last quarter. Maia Wealth LLC raised its stake in shares of Vanguard Intermediate-Term Bond ETF by 79.6% during the fourth quarter. Maia Wealth LLC now owns 8,318 shares of the company’s stock worth $626,000 after purchasing an additional 3,687 shares during the last quarter. Finally, Cape Investment Advisory Inc. raised its stake in shares of Vanguard Intermediate-Term Bond ETF by 47.8% during the fourth quarter. Cape Investment Advisory Inc. now owns 748 shares of the company’s stock worth $56,000 after purchasing an additional 242 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

Vanguard Intermediate-Term Bond ETF stock opened at $76.04 on Friday. Vanguard Intermediate-Term Bond ETF has a 12 month low of $72.95 and a 12 month high of $78.89. The business has a 50 day simple moving average of $75.10 and a 200-day simple moving average of $76.19.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders 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 was Monday, March 3rd.

About Vanguard Intermediate-Term Bond ETF

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).