Verus Financial Partners Inc. Acquires 5,763 Shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Verus Financial Partners Inc. increased its position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 1.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 530,891 shares of the company’s stock after buying an additional 5,763 shares during the period. Vanguard Intermediate-Term Bond ETF accounts for approximately 4.4% of Verus Financial Partners Inc.’s investment portfolio, making the stock its 8th biggest holding. Verus Financial Partners Inc. owned about 0.23% of Vanguard Intermediate-Term Bond ETF worth $39,243,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Blue Trust Inc. raised its stake in shares of Vanguard Intermediate-Term Bond ETF by 88.7% in the third quarter. Blue Trust Inc. now owns 402 shares of the company’s stock worth $30,000 after purchasing an additional 189 shares during the last quarter. Coastline Trust Co bought a new position in Vanguard Intermediate-Term Bond ETF during the 3rd quarter valued at $32,000. Armstrong Advisory Group Inc. boosted its holdings in Vanguard Intermediate-Term Bond ETF by 504.0% during the 3rd quarter. Armstrong Advisory Group Inc. now owns 610 shares of the company’s stock worth $48,000 after acquiring an additional 509 shares during the last quarter. Cedar Mountain Advisors LLC grew its stake in shares of Vanguard Intermediate-Term Bond ETF by 3,887.5% in the 4th quarter. Cedar Mountain Advisors LLC now owns 957 shares of the company’s stock worth $72,000 after acquiring an additional 933 shares in the last quarter. Finally, Sugarloaf Wealth Management LLC lifted its position in shares of Vanguard Intermediate-Term Bond ETF by 35.3% during the third quarter. Sugarloaf Wealth Management LLC now owns 1,031 shares of the company’s stock valued at $81,000 after purchasing an additional 269 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Down 0.1 %

Shares of Vanguard Intermediate-Term Bond ETF stock opened at $75.19 on Friday. The stock has a fifty day moving average price of $75.18 and a 200-day moving average price of $76.35. Vanguard Intermediate-Term Bond ETF has a 1 year low of $72.95 and a 1 year high of $78.89.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, February 5th. Shareholders of record on Monday, February 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, 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).