Newbridge Financial Services Group Inc. Makes New $45,000 Investment in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Newbridge Financial Services Group Inc. bought a new position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 600 shares of the company’s stock, valued at approximately $45,000.

Other institutional investors have also recently bought and sold shares of the company. Vaughan Nelson Investment Management L.P. grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 6.3% during the fourth quarter. Vaughan Nelson Investment Management L.P. now owns 10,591 shares of the company’s stock worth $791,000 after purchasing an additional 628 shares during the last quarter. Stephens Inc. AR grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 7.9% during the fourth quarter. Stephens Inc. AR now owns 258,400 shares of the company’s stock worth $19,310,000 after purchasing an additional 18,956 shares during the last quarter. Stockman Wealth Management Inc. grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 6.3% during the fourth quarter. Stockman Wealth Management Inc. now owns 7,092 shares of the company’s stock worth $530,000 after purchasing an additional 422 shares during the last quarter. Austin Asset Management Co Inc grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 7.1% during the fourth quarter. Austin Asset Management Co Inc now owns 147,931 shares of the company’s stock worth $11,055,000 after purchasing an additional 9,761 shares during the last quarter. Finally, Woodward Diversified Capital LLC grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 19.5% during the fourth quarter. Woodward Diversified Capital LLC now owns 3,603 shares of the company’s stock worth $269,000 after purchasing an additional 587 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

NYSEARCA:BIV opened at $75.01 on Wednesday. The stock’s 50-day moving average is $75.05 and its 200-day moving average is $76.33. 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 company also recently declared a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were issued a dividend of $0.2531 per share. This is a boost from Vanguard Intermediate-Term Bond ETF’s previous dividend of $0.23. The ex-dividend date was Monday, February 3rd.

About Vanguard Intermediate-Term Bond ETF

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).