Graney & King LLC Makes New Investment in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Graney & King LLC acquired a new stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 19,668 shares of the company’s stock, valued at approximately $1,470,000. Vanguard Intermediate-Term Bond ETF makes up approximately 1.1% of Graney & King LLC’s investment portfolio, making the stock its 17th largest holding.

Several other hedge funds and other institutional investors have also modified their holdings of BIV. Ausdal Financial Partners Inc. lifted its stake in shares of Vanguard Intermediate-Term Bond ETF by 367.3% in the fourth quarter. Ausdal Financial Partners Inc. now owns 109,868 shares of the company’s stock worth $8,210,000 after acquiring an additional 86,359 shares in the last quarter. Financial Engines Advisors L.L.C. raised its holdings in Vanguard Intermediate-Term Bond ETF by 68.8% in the fourth quarter. Financial Engines Advisors L.L.C. now owns 427,277 shares of the company’s stock valued at $31,930,000 after acquiring an additional 174,116 shares in the last quarter. Financial Counselors Inc. raised its holdings in Vanguard Intermediate-Term Bond ETF by 60.8% in the fourth quarter. Financial Counselors Inc. now owns 402,647 shares of the company’s stock valued at $30,090,000 after acquiring an additional 152,235 shares in the last quarter. Murphy & Mullick Capital Management Corp acquired a new position in Vanguard Intermediate-Term Bond ETF during the 4th quarter worth $1,500,000. Finally, Bay Capital Advisors LLC bought a new stake in shares of Vanguard Intermediate-Term Bond ETF in the 4th quarter worth about $261,000.

Vanguard Intermediate-Term Bond ETF Trading Up 0.2 %

Shares of BIV opened at $76.14 on Wednesday. Vanguard Intermediate-Term Bond ETF has a 52 week low of $72.95 and a 52 week high of $78.89. The stock has a 50 day moving average of $75.54 and a 200-day moving average of $76.01.

Vanguard Intermediate-Term Bond ETF Increases Dividend

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

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).