NewSquare Capital LLC Raises Holdings in Vanguard Intermediate-Term Bond ETF $BIV

NewSquare Capital LLC lifted its position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 10.0% during the 3rd quarter, HoldingsChannel reports. The firm owned 209,149 shares of the company’s stock after acquiring an additional 19,086 shares during the quarter. Vanguard Intermediate-Term Bond ETF accounts for about 1.1% of NewSquare Capital LLC’s investment portfolio, making the stock its 25th largest holding. NewSquare Capital LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $16,332,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in BIV. Envestnet Asset Management Inc. grew its holdings in Vanguard Intermediate-Term Bond ETF by 5.5% during 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 buying an additional 1,016,721 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of 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 valued at $704,327,000 after acquiring an additional 461,305 shares during the last quarter. EP Wealth Advisors LLC boosted its position in shares of Vanguard Intermediate-Term Bond ETF by 12.6% during the 2nd quarter. EP Wealth Advisors LLC now owns 6,071,963 shares of the company’s stock valued at $469,606,000 after acquiring an additional 677,443 shares during the last quarter. True Link Financial Advisors LLC grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 6.4% in the third quarter. True Link Financial Advisors LLC now owns 4,852,251 shares of the company’s stock valued at $378,912,000 after purchasing an additional 289,758 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its position in Vanguard Intermediate-Term Bond ETF by 1.2% in the second quarter. Ameriprise Financial Inc. now owns 3,977,300 shares of the company’s stock worth $307,552,000 after purchasing an additional 46,420 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Down 0.1%

Vanguard Intermediate-Term Bond ETF stock opened at $78.27 on Thursday. Vanguard Intermediate-Term Bond ETF has a 52-week low of $74.44 and a 52-week high of $79.08. The firm’s fifty day moving average is $78.09 and its 200 day moving average is $78.12.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

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

Vanguard Intermediate-Term Bond ETF 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.