Vanguard Intermediate-Term Bond ETF $BIV Shares Purchased by Betterment LLC

Betterment LLC increased its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 7.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 282,041 shares of the company’s stock after acquiring an additional 19,017 shares during the period. Betterment LLC owned approximately 0.09% of Vanguard Intermediate-Term Bond ETF worth $22,025,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BIV. First Horizon Corp purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF in the 3rd quarter valued at approximately $1,471,000. Clarity Wealth Advisors LLC boosted its position in shares of Vanguard Intermediate-Term Bond ETF by 18.2% during the 3rd quarter. Clarity Wealth Advisors LLC now owns 114,011 shares of the company’s stock worth $8,903,000 after purchasing an additional 17,562 shares during the period. First Merchants Corp boosted its position in shares of Vanguard Intermediate-Term Bond ETF by 3.3% during the 3rd quarter. First Merchants Corp now owns 289,280 shares of the company’s stock worth $22,590,000 after purchasing an additional 9,107 shares during the period. Redhawk Wealth Advisors Inc. increased its holdings in Vanguard Intermediate-Term Bond ETF by 12.5% in the 3rd quarter. Redhawk Wealth Advisors Inc. now owns 82,871 shares of the company’s stock valued at $6,471,000 after purchasing an additional 9,177 shares during the last quarter. Finally, Benjamin Edwards Inc. increased its holdings in Vanguard Intermediate-Term Bond ETF by 112.9% in the 3rd quarter. Benjamin Edwards Inc. now owns 19,984 shares of the company’s stock valued at $1,562,000 after purchasing an additional 10,596 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of NYSEARCA BIV opened at $77.26 on Friday. The business’s 50 day moving average is $78.07 and its two-hundred day moving average is $78.14. Vanguard Intermediate-Term Bond ETF has a 52-week low of $74.44 and a 52-week high of $79.08.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were paid a dividend of $0.2514 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.9%.

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). The Index includes all medium and larger issues of the United States Government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities between 5 and 10 years and are publicly issued.