Raymond James Financial Inc. Acquires Shares of 1,396,997 Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Raymond James Financial Inc. acquired a new stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 1,396,997 shares of the company’s stock, valued at approximately $104,398,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Physician Wealth Solutions Inc. lifted its position in Vanguard Intermediate-Term Bond ETF by 0.4% in the fourth quarter. Physician Wealth Solutions Inc. now owns 36,788 shares of the company’s stock valued at $2,749,000 after purchasing an additional 134 shares during the last quarter. Redwood Investment Management LLC increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 3.1% during the third quarter. Redwood Investment Management LLC now owns 4,912 shares of the company’s stock valued at $385,000 after buying an additional 146 shares during the period. TSA Wealth Managment LLC increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 1.7% during the third quarter. TSA Wealth Managment LLC now owns 8,693 shares of the company’s stock valued at $681,000 after buying an additional 147 shares during the period. HF Advisory Group LLC increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 5.6% during the fourth quarter. HF Advisory Group LLC now owns 2,976 shares of the company’s stock valued at $222,000 after buying an additional 157 shares during the period. Finally, Outlook Wealth Advisors LLC increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 1.5% during the fourth quarter. Outlook Wealth Advisors LLC now owns 10,831 shares of the company’s stock valued at $809,000 after buying an additional 161 shares during the period.

Vanguard Intermediate-Term Bond ETF Price Performance

BIV opened at $75.97 on Friday. Vanguard Intermediate-Term Bond ETF has a 52-week low of $72.95 and a 52-week high of $78.89. The stock’s 50 day moving average price is $75.13 and its 200-day moving average price is $76.17.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, March 5th. Investors 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 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).