Tumwater Wealth Management LLC Takes Position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Tumwater Wealth Management LLC acquired a new stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 176,017 shares of the company’s stock, valued at approximately $13,154,000. Vanguard Intermediate-Term Bond ETF makes up approximately 6.9% of Tumwater Wealth Management LLC’s holdings, making the stock its 5th largest position.

Other large investors have also made changes to their positions in the company. Montag A & Associates Inc. increased its position in shares of Vanguard Intermediate-Term Bond ETF by 112.9% in the 4th quarter. Montag A & Associates Inc. now owns 379 shares of the company’s stock valued at $28,000 after buying an additional 201 shares in the last quarter. Coastline Trust Co bought a new stake in shares of Vanguard Intermediate-Term Bond ETF in the 3rd quarter valued at $32,000. Newbridge Financial Services Group Inc. bought a new stake in shares of Vanguard Intermediate-Term Bond ETF in the 4th quarter valued at $45,000. Financial Connections Group Inc. increased its position in shares of Vanguard Intermediate-Term Bond ETF by 32.0% in the 4th quarter. Financial Connections Group Inc. now owns 681 shares of the company’s stock valued at $50,000 after buying an additional 165 shares in the last quarter. Finally, Cape Investment Advisory Inc. increased its position in shares of Vanguard Intermediate-Term Bond ETF by 47.8% in the 4th quarter. Cape Investment Advisory Inc. now owns 748 shares of the company’s stock valued at $56,000 after buying an additional 242 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Trading Down 0.2 %

BIV stock opened at $75.91 on Friday. The stock has a 50-day moving average price of $75.26 and a two-hundred day moving average price of $76.10. Vanguard Intermediate-Term Bond ETF has a 1 year low of $72.95 and a 1 year high of $78.89.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The company also recently announced 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. The ex-dividend date of this dividend 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).