TIAA Trust National Association Buys 131,308 Shares of Vanguard Intermediate-Term Bond ETF $BIV

TIAA Trust National Association lifted its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 5.5% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,503,793 shares of the company’s stock after buying an additional 131,308 shares during the period. TIAA Trust National Association owned about 0.76% of Vanguard Intermediate-Term Bond ETF worth $195,521,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Evolution Wealth Management Inc. acquired a new position in Vanguard Intermediate-Term Bond ETF in the 2nd quarter valued at approximately $26,000. Blue Trust Inc. lifted its stake in shares of Vanguard Intermediate-Term Bond ETF by 85.5% in the third quarter. Blue Trust Inc. now owns 371 shares of the company’s stock worth $29,000 after acquiring an additional 171 shares during the period. First Community Trust NA acquired a new stake in Vanguard Intermediate-Term Bond ETF during the 3rd quarter valued at approximately $30,000. Alpine Bank Wealth Management acquired a new position in shares of Vanguard Intermediate-Term Bond ETF in the 3rd quarter worth approximately $33,000. Finally, GPS Wealth Strategies Group LLC boosted its stake in shares of Vanguard Intermediate-Term Bond ETF by 217.5% in the 3rd quarter. GPS Wealth Strategies Group LLC now owns 762 shares of the company’s stock valued at $59,000 after purchasing an additional 522 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

BIV stock opened at $78.82 on Friday. Vanguard Intermediate-Term Bond ETF has a 1-year low of $74.44 and a 1-year high of $78.91. The stock has a 50-day moving average price of $78.04 and a 200-day moving average price of $78.08.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd will be given a dividend of $0.2514 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend is 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.