IFG Advisors LLC Boosts Holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

IFG Advisors LLC raised its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 15.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 73,068 shares of the company’s stock after acquiring an additional 9,555 shares during the period. Vanguard Intermediate-Term Bond ETF makes up approximately 1.1% of IFG Advisors LLC’s portfolio, making the stock its 18th biggest position. IFG Advisors LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $5,460,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Redwood Investment Management LLC raised its position in shares of Vanguard Intermediate-Term Bond ETF by 3.1% in the 3rd quarter. Redwood Investment Management LLC now owns 4,912 shares of the company’s stock valued at $385,000 after purchasing an additional 146 shares in the last quarter. TSA Wealth Managment LLC raised its position in shares of Vanguard Intermediate-Term Bond ETF by 1.7% in the 3rd quarter. TSA Wealth Managment LLC now owns 8,693 shares of the company’s stock valued at $681,000 after purchasing an additional 147 shares in the last quarter. HF Advisory Group LLC raised its position in shares of Vanguard Intermediate-Term Bond ETF by 5.6% in the 4th quarter. HF Advisory Group LLC now owns 2,976 shares of the company’s stock valued at $222,000 after purchasing an additional 157 shares in the last quarter. Outlook Wealth Advisors LLC raised its position in shares of Vanguard Intermediate-Term Bond ETF by 1.5% in the 4th quarter. Outlook Wealth Advisors LLC now owns 10,831 shares of the company’s stock valued at $809,000 after purchasing an additional 161 shares in the last quarter. Finally, Financial Connections Group Inc. raised its position in shares of Vanguard Intermediate-Term Bond ETF by 32.0% in the 4th quarter. Financial Connections Group Inc. now owns 681 shares of the company’s stock valued at $50,000 after purchasing an additional 165 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Up 0.4 %

Shares of BIV opened at $76.59 on Friday. The business’s 50 day moving average is $74.97 and its two-hundred day moving average is $76.21. Vanguard Intermediate-Term Bond ETF has a 52-week low of $72.95 and a 52-week high of $78.89.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd will be given a $0.2531 dividend. This is a positive change from Vanguard Intermediate-Term Bond ETF’s previous dividend of $0.23. The ex-dividend date is Monday, March 3rd.

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).