Townsend Asset Management Corp NC ADV Acquires 319 Shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Townsend Asset Management Corp NC ADV grew its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 37.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,180 shares of the company’s stock after acquiring an additional 319 shares during the period. Townsend Asset Management Corp NC ADV’s holdings in Vanguard Intermediate-Term Bond ETF were worth $88,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. Montag A & Associates Inc. increased its stake in Vanguard Intermediate-Term Bond ETF by 112.9% during the 4th quarter. Montag A & Associates Inc. now owns 379 shares of the company’s stock worth $28,000 after acquiring an additional 201 shares during the period. Coastline Trust Co bought a new position in shares of Vanguard Intermediate-Term Bond ETF in the third quarter worth $32,000. Newbridge Financial Services Group Inc. acquired a new position in Vanguard Intermediate-Term Bond ETF in the fourth quarter valued at about $45,000. Financial Connections Group Inc. lifted its position in Vanguard Intermediate-Term Bond ETF by 32.0% during the fourth quarter. Financial Connections Group Inc. now owns 681 shares of the company’s stock worth $50,000 after purchasing an additional 165 shares during the period. Finally, Cape Investment Advisory Inc. grew its stake in Vanguard Intermediate-Term Bond ETF by 47.8% during the fourth quarter. Cape Investment Advisory Inc. now owns 748 shares of the company’s stock worth $56,000 after buying an additional 242 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of NYSEARCA:BIV opened at $76.13 on Thursday. The firm has a 50 day moving average of $75.07 and a 200-day moving average of $76.19. Vanguard Intermediate-Term Bond ETF has a 12 month low of $72.95 and a 12 month high of $78.89.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.2531 per share. The ex-dividend date was Monday, March 3rd. This is a boost from Vanguard Intermediate-Term Bond ETF’s previous dividend of $0.23.

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).