Kropog Financial Group LLC Buys New Position in Vanguard Intermediate-Term Bond ETF $BIV

Kropog Financial Group LLC purchased a new position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 308,155 shares of the company’s stock, valued at approximately $24,064,000. Vanguard Intermediate-Term Bond ETF comprises 19.7% of Kropog Financial Group LLC’s holdings, making the stock its 2nd biggest holding.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. American Trust acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF in the second quarter valued at approximately $82,058,000. Envestnet Asset Management Inc. increased its holdings in shares of Vanguard Intermediate-Term Bond ETF by 5.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 19,586,319 shares of the company’s stock valued at $1,529,496,000 after acquiring an additional 1,016,721 shares during the period. EP Wealth Advisors LLC raised its position in Vanguard Intermediate-Term Bond ETF by 12.6% in the 2nd quarter. EP Wealth Advisors LLC now owns 6,071,963 shares of the company’s stock valued at $469,606,000 after purchasing an additional 677,443 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in Vanguard Intermediate-Term Bond ETF by 5.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 9,106,889 shares of the company’s stock worth $704,327,000 after purchasing an additional 461,305 shares during the period. Finally, TIAA Trust National Association boosted its stake in Vanguard Intermediate-Term Bond ETF by 23.4% during the 2nd quarter. TIAA Trust National Association now owns 2,372,485 shares of the company’s stock worth $183,488,000 after purchasing an additional 450,557 shares during the period.

Vanguard Intermediate-Term Bond ETF Stock Performance

NYSEARCA BIV opened at $78.74 on Wednesday. Vanguard Intermediate-Term Bond ETF has a one year low of $74.44 and a one year high of $78.91. The firm’s fifty day moving average is $78.01 and its two-hundred day moving average is $78.07.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were paid a dividend of $0.2738 per share. The ex-dividend date of this dividend 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.