Focus Financial Network Inc. Acquires 11,229 Shares of Vanguard Intermediate-Term Bond ETF $BIV

Focus Financial Network Inc. increased its holdings in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 173.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 17,706 shares of the company’s stock after acquiring an additional 11,229 shares during the quarter. Focus Financial Network Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $1,379,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of BIV. OMNI 360 Wealth Inc. grew its stake in Vanguard Intermediate-Term Bond ETF by 3.6% in the 3rd quarter. OMNI 360 Wealth Inc. now owns 3,693 shares of the company’s stock valued at $288,000 after purchasing an additional 129 shares during the period. Koshinski Asset Management Inc. raised its stake in shares of Vanguard Intermediate-Term Bond ETF by 1.1% during the 3rd quarter. Koshinski Asset Management Inc. now owns 13,194 shares of the company’s stock worth $1,030,000 after purchasing an additional 141 shares during the period. WealthCare Investment Partners LLC raised its stake in shares of Vanguard Intermediate-Term Bond ETF by 1.5% during the 3rd quarter. WealthCare Investment Partners LLC now owns 9,642 shares of the company’s stock worth $753,000 after purchasing an additional 142 shares during the period. Oarsman Capital Inc. boosted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 5.2% in the 3rd quarter. Oarsman Capital Inc. now owns 2,903 shares of the company’s stock worth $227,000 after buying an additional 143 shares during the last quarter. Finally, IFP Advisors Inc boosted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 1.2% in the 3rd quarter. IFP Advisors Inc now owns 12,670 shares of the company’s stock worth $989,000 after buying an additional 151 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

BIV opened at $76.52 on Friday. Vanguard Intermediate-Term Bond ETF has a fifty-two week low of $74.44 and a fifty-two week high of $79.08. The firm has a 50-day moving average of $77.89 and a 200 day moving average of $78.09.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

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