Ethos Capital Management Inc. Invests $8.56 Million in Vanguard Intermediate-Term Bond ETF $BIV

Ethos Capital Management Inc. acquired a new position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 109,915 shares of the company’s stock, valued at approximately $8,560,000. Vanguard Intermediate-Term Bond ETF accounts for about 8.1% of Ethos Capital Management Inc.’s portfolio, making the stock its 2nd largest holding.

A number of other hedge funds and other institutional investors also recently made changes to their positions in BIV. Capital Advisors Ltd. LLC increased its position in shares of Vanguard Intermediate-Term Bond ETF by 0.8% during the 4th quarter. Capital Advisors Ltd. LLC now owns 26,449 shares of the company’s stock worth $2,060,000 after purchasing an additional 200 shares in the last quarter. Retirement Investment Advisors Inc. increased its position in shares of Vanguard Intermediate-Term Bond ETF by 2.2% during the 4th quarter. Retirement Investment Advisors Inc. now owns 1,716,738 shares of the company’s stock worth $133,700,000 after purchasing an additional 36,946 shares in the last quarter. Apella Capital LLC increased its position in shares of Vanguard Intermediate-Term Bond ETF by 2,258.0% during the 4th quarter. Apella Capital LLC now owns 192,483 shares of the company’s stock worth $14,991,000 after purchasing an additional 184,320 shares in the last quarter. Flagship Harbor Advisors LLC acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF during the 4th quarter worth about $146,000. Finally, Crews Bank & Trust increased its position in shares of Vanguard Intermediate-Term Bond ETF by 25.1% during the 4th quarter. Crews Bank & Trust now owns 1,961 shares of the company’s stock worth $153,000 after purchasing an additional 393 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Trading Up 0.2%

Shares of Vanguard Intermediate-Term Bond ETF stock opened at $77.07 on Wednesday. The company has a 50-day simple moving average of $77.77 and a 200 day simple moving average of $78.00. 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 announced a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were given a dividend of $0.2514 per share. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%.

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.