Highland Private Wealth Management Raises Holdings in Vanguard Intermediate-Term Bond ETF (BIV)

Highland Private Wealth Management raised its position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 3.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 92,963 shares of the company’s stock after buying an additional 3,217 shares during the quarter. Vanguard Intermediate-Term Bond ETF makes up approximately 2.4% of Highland Private Wealth Management’s portfolio, making the stock its 13th biggest position. Highland Private Wealth Management’s holdings in Vanguard Intermediate-Term Bond ETF were worth $7,803,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. First Manhattan Co. purchased a new stake in Vanguard Intermediate-Term Bond ETF in the fourth quarter valued at approximately $42,000. Hanson & Doremus Investment Management lifted its stake in 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 valued at $44,000 after buying an additional 248 shares during the last quarter. Blume Capital Management Inc. purchased a new stake in Vanguard Intermediate-Term Bond ETF in the fourth quarter valued at approximately $57,000. Capital Financial Planning LLC purchased a new stake in Vanguard Intermediate-Term Bond ETF in the fourth quarter valued at approximately $57,000. Finally, Pinnacle Bank purchased a new stake in Vanguard Intermediate-Term Bond ETF in the fourth quarter valued at approximately $60,000.

Shares of NYSEARCA BIV opened at $84.02 on Tuesday. 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 disclosed a monthly dividend, which was paid on Monday, May 6th. Shareholders of record on Thursday, May 2nd were paid a $0.1973 dividend. This represents a $2.37 dividend on an annualized basis and a yield of 2.82%. The ex-dividend date was Wednesday, May 1st.

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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).

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

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