Retirement Investment Advisors Inc. Buys 36,946 Shares of Vanguard Intermediate-Term Bond ETF $BIV

Retirement Investment Advisors Inc. lifted its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 2.2% during the fourth quarter, Holdings Channel.com reports. The fund owned 1,716,738 shares of the company’s stock after buying an additional 36,946 shares during the period. Vanguard Intermediate-Term Bond ETF accounts for approximately 10.8% of Retirement Investment Advisors Inc.’s holdings, making the stock its 4th largest holding. Retirement Investment Advisors Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $133,700,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of BIV. Franklin Resources Inc. increased its position in shares of Vanguard Intermediate-Term Bond ETF by 61.8% in the second quarter. Franklin Resources Inc. now owns 5,284 shares of the company’s stock valued at $409,000 after acquiring an additional 2,019 shares during the last quarter. Cerity Partners LLC increased its position in Vanguard Intermediate-Term Bond ETF by 5.4% during the second quarter. Cerity Partners LLC now owns 835,852 shares of the company’s stock worth $64,645,000 after buying an additional 42,736 shares during the last quarter. Acorn Wealth Advisors LLC acquired a new position in Vanguard Intermediate-Term Bond ETF during the second quarter worth approximately $396,000. NewEdge Advisors LLC increased its position in Vanguard Intermediate-Term Bond ETF by 1.8% during the second quarter. NewEdge Advisors LLC now owns 188,153 shares of the company’s stock worth $14,552,000 after buying an additional 3,243 shares during the last quarter. Finally, Dearborn Partners LLC increased its position in Vanguard Intermediate-Term Bond ETF by 4.8% during the second quarter. Dearborn Partners LLC now owns 5,371 shares of the company’s stock worth $415,000 after buying an additional 245 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of NYSEARCA BIV opened at $76.92 on Tuesday. The business’s 50 day moving average price is $77.78 and its two-hundred day moving average price is $78.01. Vanguard Intermediate-Term Bond ETF has a twelve month low of $74.44 and a twelve month high of $79.08.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were given a dividend of $0.2514 per share. This represents a c) dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend was Monday, March 2nd.

About Vanguard Intermediate-Term Bond ETF

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.