Clarity Wealth Advisors LLC Raises Stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Clarity Wealth Advisors LLC raised its position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 23.5% during the fourth quarter, HoldingsChannel reports. The firm owned 86,877 shares of the company’s stock after buying an additional 16,528 shares during the quarter. Vanguard Intermediate-Term Bond ETF accounts for 1.8% of Clarity Wealth Advisors LLC’s holdings, making the stock its 19th biggest position. Clarity Wealth Advisors LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $6,492,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of BIV. Wealthcare Advisory Partners LLC raised its stake in Vanguard Intermediate-Term Bond ETF by 58.0% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 6,561 shares of the company’s stock valued at $490,000 after buying an additional 2,408 shares in the last quarter. Exchange Traded Concepts LLC purchased a new position in shares of Vanguard Intermediate-Term Bond ETF in the 3rd quarter valued at about $618,000. Brookstone Capital Management raised its position in shares of Vanguard Intermediate-Term Bond ETF by 12.1% during the 4th quarter. Brookstone Capital Management now owns 126,119 shares of the company’s stock worth $9,425,000 after acquiring an additional 13,651 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in Vanguard Intermediate-Term Bond ETF by 53.0% during the third quarter. JPMorgan Chase & Co. now owns 415,162 shares of the company’s stock worth $32,536,000 after purchasing an additional 143,861 shares during the last quarter. Finally, Gemmer Asset Management LLC boosted its holdings in Vanguard Intermediate-Term Bond ETF by 2.5% in the third quarter. Gemmer Asset Management LLC now owns 129,608 shares of the company’s stock valued at $10,157,000 after purchasing an additional 3,133 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

BIV stock opened at $75.12 on Friday. Vanguard Intermediate-Term Bond ETF has a twelve month low of $72.95 and a twelve month high of $78.89. The company’s 50 day moving average is $75.10 and its two-hundred day moving average is $76.33.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were paid a dividend of $0.2531 per share. This is a positive change from Vanguard Intermediate-Term Bond ETF’s previous dividend of $0.23. The ex-dividend date was Monday, February 3rd.

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).