Capital Investment Advisors LLC Grows Holdings in Vanguard Intermediate-Term Bond ETF $BIV

Capital Investment Advisors LLC raised its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 337.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 41,185 shares of the company’s stock after buying an additional 31,773 shares during the period. Capital Investment Advisors LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $3,207,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Envestnet Asset Management Inc. lifted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 5.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 19,586,319 shares of the company’s stock worth $1,529,496,000 after acquiring an additional 1,016,721 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in Vanguard Intermediate-Term Bond ETF by 8.8% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 9,911,931 shares of the company’s stock valued at $774,023,000 after acquiring an additional 805,042 shares during the last quarter. EP Wealth Advisors LLC raised its position in Vanguard Intermediate-Term Bond ETF by 12.6% during the second quarter. EP Wealth Advisors LLC now owns 6,071,963 shares of the company’s stock valued at $469,606,000 after purchasing an additional 677,443 shares in the last quarter. True Link Financial Advisors LLC raised its position in Vanguard Intermediate-Term Bond ETF by 6.4% during the third quarter. True Link Financial Advisors LLC now owns 4,852,251 shares of the company’s stock valued at $378,912,000 after purchasing an additional 289,758 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its stake in Vanguard Intermediate-Term Bond ETF by 1.9% during the third quarter. Ameriprise Financial Inc. now owns 4,052,118 shares of the company’s stock worth $315,993,000 after purchasing an additional 74,818 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of BIV stock opened at $76.52 on Friday. The business has a 50-day moving average price of $77.87 and a two-hundred day moving average price of $78.08. Vanguard Intermediate-Term Bond ETF has a 12-month low of $74.44 and a 12-month high of $79.08.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

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

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). 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.