Genesis Private Wealth LLC Purchases 10,220 Shares of Vanguard Intermediate-Term Bond ETF $BIV

Genesis Private Wealth LLC lifted its position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 13.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 86,562 shares of the company’s stock after acquiring an additional 10,220 shares during the quarter. Vanguard Intermediate-Term Bond ETF makes up approximately 2.1% of Genesis Private Wealth LLC’s portfolio, making the stock its 13th biggest position. Genesis Private Wealth LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $6,741,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Cooper Financial Group increased its holdings in Vanguard Intermediate-Term Bond ETF by 7.3% in the 4th quarter. Cooper Financial Group now owns 524,705 shares of the company’s stock worth $40,864,000 after purchasing an additional 35,494 shares in the last quarter. Sovereign Financial Group Inc. boosted its stake in shares of Vanguard Intermediate-Term Bond ETF by 4.1% during the fourth quarter. Sovereign Financial Group Inc. now owns 77,949 shares of the company’s stock valued at $6,071,000 after purchasing an additional 3,052 shares in the last quarter. Retirement Wealth Solutions LLC boosted its stake in shares of Vanguard Intermediate-Term Bond ETF by 1.4% during the fourth quarter. Retirement Wealth Solutions LLC now owns 31,727 shares of the company’s stock valued at $2,471,000 after purchasing an additional 433 shares in the last quarter. WealthCare Investment Partners LLC grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 2.8% during the fourth quarter. WealthCare Investment Partners LLC now owns 9,908 shares of the company’s stock worth $771,000 after purchasing an additional 266 shares during the last quarter. Finally, Safir Wealth Advisors LLC grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 3.1% during the fourth quarter. Safir Wealth Advisors LLC now owns 135,907 shares of the company’s stock worth $10,584,000 after purchasing an additional 4,105 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Trading Down 0.8%

Shares of NYSEARCA BIV opened at $76.70 on Friday. The company has a 50 day simple moving average of $77.99 and a 200 day simple moving average of $78.12. Vanguard Intermediate-Term Bond ETF has a 1 year low of $74.44 and a 1 year high of $79.08.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Stockholders 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 was Monday, March 2nd.

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.