Ground Swell Capital LLC Makes New $615,000 Investment in Vanguard Intermediate-Term Bond ETF $BIV

Ground Swell Capital LLC purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) in the 3rd quarter, HoldingsChannel reports. The firm purchased 7,877 shares of the company’s stock, valued at approximately $615,000. Vanguard Intermediate-Term Bond ETF makes up 1.3% of Ground Swell Capital LLC’s portfolio, making the stock its 16th largest holding.

Several other large investors have also recently modified their holdings of the stock. Evolution Wealth Management Inc. purchased a new stake in Vanguard Intermediate-Term Bond ETF during the 2nd quarter valued at about $26,000. Blue Trust Inc. lifted its position in Vanguard Intermediate-Term Bond ETF by 85.5% in the third quarter. Blue Trust Inc. now owns 371 shares of the company’s stock valued at $29,000 after purchasing an additional 171 shares during the last quarter. First Community Trust NA bought a new stake in Vanguard Intermediate-Term Bond ETF in the third quarter valued at approximately $30,000. Alpine Bank Wealth Management purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF during the third quarter valued at approximately $33,000. Finally, CNB Bank bought a new position in shares of Vanguard Intermediate-Term Bond ETF in the second quarter worth approximately $45,000.

Vanguard Intermediate-Term Bond ETF Stock Up 0.5%

Shares of NYSEARCA BIV opened at $78.34 on Friday. The firm’s fifty day moving average is $77.91 and its 200 day moving average is $77.98. Vanguard Intermediate-Term Bond ETF has a 52 week low of $74.44 and a 52 week high of $78.91.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were issued a $0.2738 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a yield of 4.2%.

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). The Index includes all medium and larger issues of the United States Government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities between 5 and 10 years and are publicly issued.