Beacon Capital Management Inc. Has $62.14 Million Stock Holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Beacon Capital Management Inc. lifted its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 49.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 831,571 shares of the company’s stock after buying an additional 273,374 shares during the period. Vanguard Intermediate-Term Bond ETF comprises approximately 2.7% of Beacon Capital Management Inc.’s investment portfolio, making the stock its 16th biggest position. Beacon Capital Management Inc. owned approximately 0.36% of Vanguard Intermediate-Term Bond ETF worth $62,143,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the company. Flagship Wealth Advisors LLC bought a new position in shares of Vanguard Intermediate-Term Bond ETF during the fourth quarter valued at $25,000. Montag A & Associates Inc. lifted its holdings in Vanguard Intermediate-Term Bond ETF by 112.9% during the 4th quarter. Montag A & Associates Inc. now owns 379 shares of the company’s stock worth $28,000 after buying an additional 201 shares during the period. Newbridge Financial Services Group Inc. bought a new stake in shares of Vanguard Intermediate-Term Bond ETF in the 4th quarter valued at about $45,000. Financial Connections Group Inc. increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 32.0% in the fourth quarter. Financial Connections Group Inc. now owns 681 shares of the company’s stock valued at $50,000 after buying an additional 165 shares during the period. Finally, Cape Investment Advisory Inc. raised its position in shares of Vanguard Intermediate-Term Bond ETF by 47.8% during the fourth quarter. Cape Investment Advisory Inc. now owns 748 shares of the company’s stock worth $56,000 after acquiring an additional 242 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

Vanguard Intermediate-Term Bond ETF stock opened at $76.40 on Friday. Vanguard Intermediate-Term Bond ETF has a 52-week low of $72.95 and a 52-week high of $78.89. The firm has a 50 day moving average price of $75.40 and a two-hundred day moving average price of $76.07.

Vanguard Intermediate-Term Bond ETF Increases Dividend

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