Midwest Capital Advisors LLC Takes Position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Midwest Capital Advisors LLC bought a new position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) during the fourth quarter, Holdings Channel reports. The firm bought 985 shares of the company’s stock, valued at approximately $74,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Evergreen Wealth Management LLC raised its holdings in shares of Vanguard Intermediate-Term Bond ETF by 2.8% in the 4th quarter. Evergreen Wealth Management LLC now owns 71,681 shares of the company’s stock worth $5,357,000 after acquiring an additional 1,943 shares during the last quarter. Wealthcare Advisory Partners LLC raised its holdings in shares of Vanguard Intermediate-Term Bond ETF by 58.0% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 6,561 shares of the company’s stock worth $490,000 after acquiring an additional 2,408 shares during the last quarter. Brookstone Capital Management increased its stake in Vanguard Intermediate-Term Bond ETF by 12.1% in the 4th quarter. Brookstone Capital Management now owns 126,119 shares of the company’s stock valued at $9,425,000 after buying an additional 13,651 shares during the last quarter. JPMorgan Chase & Co. increased its stake in Vanguard Intermediate-Term Bond ETF by 53.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 415,162 shares of the company’s stock valued at $32,536,000 after buying an additional 143,861 shares during the last quarter. Finally, Gemmer Asset Management LLC increased its stake in Vanguard Intermediate-Term Bond ETF by 2.5% in the 3rd quarter. Gemmer Asset Management LLC now owns 129,608 shares of the company’s stock valued at $10,157,000 after buying an additional 3,133 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Trading Up 0.4 %

NYSEARCA:BIV opened at $75.59 on Monday. 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 $74.86 and a two-hundred day moving average price of $76.24.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were paid 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 was 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).