Financial Counselors Inc. Raises Stock Holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Financial Counselors Inc. raised its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 60.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 402,647 shares of the company’s stock after buying an additional 152,235 shares during the quarter. Financial Counselors Inc. owned about 0.17% of Vanguard Intermediate-Term Bond ETF worth $30,090,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of BIV. Flagship Wealth Advisors LLC purchased a new stake in Vanguard Intermediate-Term Bond ETF in the fourth quarter valued at approximately $25,000. Montag A & Associates Inc. raised its holdings in shares of Vanguard Intermediate-Term Bond ETF by 112.9% in the 4th quarter. Montag A & Associates Inc. now owns 379 shares of the company’s stock valued at $28,000 after buying an additional 201 shares during the period. Newbridge Financial Services Group Inc. purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF in the 4th quarter valued at $45,000. Financial Connections Group Inc. lifted its stake in Vanguard Intermediate-Term Bond ETF by 32.0% during the 4th quarter. Financial Connections Group Inc. now owns 681 shares of the company’s stock worth $50,000 after acquiring an additional 165 shares in the last quarter. Finally, Cape Investment Advisory Inc. boosted its holdings in Vanguard Intermediate-Term Bond ETF by 47.8% during the 4th quarter. Cape Investment Advisory Inc. now owns 748 shares of the company’s stock valued at $56,000 after acquiring an additional 242 shares during the period.

Vanguard Intermediate-Term Bond ETF Trading Up 0.2 %

Shares of NYSEARCA:BIV opened at $76.14 on Wednesday. Vanguard Intermediate-Term Bond ETF has a 1 year low of $72.95 and a 1 year high of $78.89. The firm’s 50-day moving average is $75.54 and its two-hundred day moving average is $76.01.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.2531 per share. The ex-dividend date of this dividend 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).