Asset Allocation & Management Company LLC Buys New Holdings in Vanguard Intermediate-Term Bond ETF $BIV

Asset Allocation & Management Company LLC purchased a new position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 14,760 shares of the company’s stock, valued at approximately $1,150,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in BIV. Evolution Wealth Management Inc. purchased a new position in shares of Vanguard Intermediate-Term Bond ETF in the second quarter worth $26,000. Blue Trust Inc. lifted its stake in Vanguard Intermediate-Term Bond ETF by 85.5% in the 3rd quarter. Blue Trust Inc. now owns 371 shares of the company’s stock worth $29,000 after purchasing an additional 171 shares in the last quarter. First Community Trust NA purchased a new stake in Vanguard Intermediate-Term Bond ETF in the 3rd quarter worth $30,000. Kelleher Financial Advisors bought a new position in shares of Vanguard Intermediate-Term Bond ETF during the 3rd quarter valued at about $30,000. Finally, Texas Capital Bancshares Inc TX bought a new position in shares of Vanguard Intermediate-Term Bond ETF during the 3rd quarter valued at about $31,000.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of Vanguard Intermediate-Term Bond ETF stock opened at $77.07 on Thursday. Vanguard Intermediate-Term Bond ETF has a twelve month low of $74.44 and a twelve month high of $79.08. The business has a 50-day moving average price of $77.92 and a 200-day moving average price of $78.10.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

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

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). 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.