Pillar Financial Advisors LLC Invests $1.76 Million in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Pillar Financial Advisors LLC acquired a new position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 23,515 shares of the company’s stock, valued at approximately $1,757,000. Vanguard Intermediate-Term Bond ETF accounts for 1.3% of Pillar Financial Advisors LLC’s investment portfolio, making the stock its 18th largest position.

Several other institutional investors have also recently made changes to their positions in BIV. True Link Financial Advisors LLC increased its holdings in Vanguard Intermediate-Term Bond ETF by 6.6% in the 4th quarter. True Link Financial Advisors LLC now owns 3,952,928 shares of the company’s stock worth $295,402,000 after acquiring an additional 245,701 shares in the last quarter. LPL Financial LLC increased its holdings in Vanguard Intermediate-Term Bond ETF by 3.7% in the 3rd quarter. LPL Financial LLC now owns 3,868,222 shares of the company’s stock worth $303,153,000 after acquiring an additional 139,780 shares in the last quarter. EP Wealth Advisors LLC increased its holdings in Vanguard Intermediate-Term Bond ETF by 38.5% in the 3rd quarter. EP Wealth Advisors LLC now owns 3,037,989 shares of the company’s stock worth $238,087,000 after acquiring an additional 844,917 shares in the last quarter. Mather Group LLC. increased its holdings in Vanguard Intermediate-Term Bond ETF by 7.2% in the 4th quarter. Mather Group LLC. now owns 2,909,578 shares of the company’s stock worth $217,433,000 after acquiring an additional 194,263 shares in the last quarter. Finally, Lincoln National Corp increased its holdings in Vanguard Intermediate-Term Bond ETF by 6.3% in the 4th quarter. Lincoln National Corp now owns 1,994,238 shares of the company’s stock worth $149,029,000 after acquiring an additional 117,562 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

Vanguard Intermediate-Term Bond ETF stock opened at $75.97 on Friday. The firm has a 50 day moving average of $75.13 and a 200 day moving average of $76.18. 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 business also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.2531 per share. This is a positive change from Vanguard Intermediate-Term Bond ETF’s previous dividend of $0.23. The ex-dividend date was Monday, March 3rd.

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).