Financial Advocates Investment Management Acquires 423 Shares of Vanguard Intermediate-Term Bond ETF (BIV)

Financial Advocates Investment Management boosted its position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 3.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 12,204 shares of the company’s stock after purchasing an additional 423 shares during the period. Financial Advocates Investment Management’s holdings in Vanguard Intermediate-Term Bond ETF were worth $374,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. First Manhattan Co. acquired a new stake in Vanguard Intermediate-Term Bond ETF during the 4th quarter valued at $42,000. Hanson & Doremus Investment Management increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 85.5% in the fourth quarter. Hanson & Doremus Investment Management now owns 538 shares of the company’s stock worth $44,000 after acquiring an additional 248 shares during the last quarter. Blume Capital Management Inc. acquired a new position in shares of Vanguard Intermediate-Term Bond ETF in the fourth quarter worth $57,000. Capital Financial Planning LLC acquired a new position in shares of Vanguard Intermediate-Term Bond ETF in the fourth quarter worth $57,000. Finally, CWM LLC increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 267.0% in the fourth quarter. CWM LLC now owns 767 shares of the company’s stock worth $62,000 after acquiring an additional 558 shares during the last quarter.

Shares of NYSEARCA BIV traded up $0.29 during mid-day trading on Wednesday, reaching $83.70. The company had a trading volume of 381,653 shares, compared to its average volume of 1,012,219. Vanguard Intermediate-Term Bond ETF has a twelve month low of $79.35 and a twelve month high of $84.27.

The company also recently declared a monthly dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were issued a dividend of $0.2047 per share. This represents a $2.46 dividend on an annualized basis and a yield of 2.93%. This is a boost from Vanguard Intermediate-Term Bond ETF’s previous monthly dividend of $0.19. The ex-dividend date was Monday, April 1st.

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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).

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Institutional Ownership by Quarter for Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

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