Sequoia Financial Advisors LLC Makes New $702,000 Investment in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Sequoia Financial Advisors LLC acquired a new position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 9,396 shares of the company’s stock, valued at approximately $702,000.

A number of other large investors also recently added to or reduced their stakes in BIV. Coastline Trust Co acquired a new position in Vanguard Intermediate-Term Bond ETF during the third quarter worth $32,000. MidAtlantic Capital Management Inc. acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF in the third quarter valued at about $2,624,000. Meeder Advisory Services Inc. raised its position in shares of Vanguard Intermediate-Term Bond ETF by 8.4% in the third quarter. Meeder Advisory Services Inc. now owns 247,800 shares of the company’s stock valued at $19,420,000 after buying an additional 19,191 shares during the last quarter. St. Louis Trust Co raised its position in shares of Vanguard Intermediate-Term Bond ETF by 21.5% in the third quarter. St. Louis Trust Co now owns 43,134 shares of the company’s stock valued at $3,380,000 after buying an additional 7,637 shares during the last quarter. Finally, Pathstone Holdings LLC raised its position in shares of Vanguard Intermediate-Term Bond ETF by 9.2% in the third quarter. Pathstone Holdings LLC now owns 28,820 shares of the company’s stock valued at $2,259,000 after buying an additional 2,427 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Trading Up 0.1 %

Shares of NYSEARCA BIV opened at $75.98 on Tuesday. The firm has a 50-day simple moving average of $75.29 and a 200-day simple moving average of $76.08. 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 was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were given 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, 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).