Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) Stock Position Lifted by Cannon Financial Strategists Inc.

Cannon Financial Strategists Inc. lifted its position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 6.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 428,778 shares of the company’s stock after buying an additional 27,666 shares during the period. Vanguard Intermediate-Term Bond ETF makes up about 5.5% of Cannon Financial Strategists Inc.’s portfolio, making the stock its 5th largest position. Cannon Financial Strategists Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $32,043,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Life Planning Partners Inc grew its position in Vanguard Intermediate-Term Bond ETF by 7,045.4% during the 4th quarter. Life Planning Partners Inc now owns 1,677,246 shares of the company’s stock worth $125,341,000 after purchasing an additional 1,653,773 shares during the last quarter. True Link Financial Advisors LLC grew its position in Vanguard Intermediate-Term Bond ETF by 31.8% during the 3rd quarter. True Link Financial Advisors LLC now owns 3,707,227 shares of the company’s stock worth $290,535,000 after purchasing an additional 894,519 shares during the last quarter. EP Wealth Advisors LLC grew its position in Vanguard Intermediate-Term Bond ETF by 38.5% during the 3rd quarter. EP Wealth Advisors LLC now owns 3,037,989 shares of the company’s stock worth $238,087,000 after purchasing an additional 844,917 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its position in Vanguard Intermediate-Term Bond ETF by 59.0% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 1,610,345 shares of the company’s stock worth $126,203,000 after purchasing an additional 597,770 shares during the last quarter. Finally, BetterWealth LLC purchased a new stake in Vanguard Intermediate-Term Bond ETF during the 4th quarter worth approximately $29,666,000.

Vanguard Intermediate-Term Bond ETF Price Performance

NYSEARCA:BIV opened at $75.03 on Wednesday. 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 $74.92 and its two-hundred day moving average is $76.29.

Vanguard Intermediate-Term Bond ETF Increases Dividend

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

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).