Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) Shares Acquired by Austin Asset Management Co Inc

Austin Asset Management Co Inc lifted its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 7.1% during the fourth quarter, Holdings Channel reports. The fund owned 147,931 shares of the company’s stock after buying an additional 9,761 shares during the quarter. Vanguard Intermediate-Term Bond ETF makes up 2.3% of Austin Asset Management Co Inc’s holdings, making the stock its 10th largest holding. Austin Asset Management Co Inc’s holdings in Vanguard Intermediate-Term Bond ETF were worth $11,055,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in BIV. Blue Trust Inc. boosted its holdings in Vanguard Intermediate-Term Bond ETF by 88.7% in the third quarter. Blue Trust Inc. now owns 402 shares of the company’s stock valued at $30,000 after purchasing an additional 189 shares during the last quarter. Coastline Trust Co acquired a new position in shares of Vanguard Intermediate-Term Bond ETF in the 3rd quarter valued at about $32,000. Armstrong Advisory Group Inc. boosted its stake in shares of Vanguard Intermediate-Term Bond ETF by 504.0% in the third quarter. Armstrong Advisory Group Inc. now owns 610 shares of the company’s stock worth $48,000 after buying an additional 509 shares during the last quarter. Cedar Mountain Advisors LLC grew its holdings in Vanguard Intermediate-Term Bond ETF by 3,887.5% during the fourth quarter. Cedar Mountain Advisors LLC now owns 957 shares of the company’s stock worth $72,000 after acquiring an additional 933 shares during the period. Finally, Bristlecone Advisors LLC purchased a new position in Vanguard Intermediate-Term Bond ETF during the third quarter valued at approximately $102,000.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of NYSEARCA:BIV opened at $75.12 on Friday. Vanguard Intermediate-Term Bond ETF has a 12-month low of $72.95 and a 12-month high of $78.89. The business has a 50 day moving average of $75.10 and a two-hundred day moving average of $76.33.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were paid a $0.2531 dividend. This is a boost from Vanguard Intermediate-Term Bond ETF’s previous dividend of $0.23. The ex-dividend date of this dividend was Monday, February 3rd.

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).