Jones Financial Companies Lllp Increases Stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Jones Financial Companies Lllp grew its position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 8.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,508,819 shares of the company’s stock after acquiring an additional 112,638 shares during the period. Jones Financial Companies Lllp owned about 0.65% of Vanguard Intermediate-Term Bond ETF worth $112,754,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in BIV. Montag A & Associates Inc. boosted its holdings in Vanguard Intermediate-Term Bond ETF by 112.9% in the 4th quarter. Montag A & Associates Inc. now owns 379 shares of the company’s stock valued at $28,000 after purchasing an additional 201 shares in the last quarter. Blue Trust Inc. lifted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 88.7% in the 3rd quarter. Blue Trust Inc. now owns 402 shares of the company’s stock valued at $30,000 after buying an additional 189 shares during the period. Coastline Trust Co purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF in the third quarter valued at approximately $32,000. Newbridge Financial Services Group Inc. acquired a new position in Vanguard Intermediate-Term Bond ETF during the fourth quarter worth $45,000. Finally, Financial Connections Group Inc. raised its position in 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 worth $50,000 after acquiring an additional 165 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of NYSEARCA BIV opened at $76.59 on Friday. Vanguard Intermediate-Term Bond ETF has a one year low of $72.95 and a one year high of $78.89. The company’s fifty day moving average is $74.97 and its two-hundred day moving average is $76.21.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The company also recently declared a dividend, which will be paid on Wednesday, March 5th. Investors of record on Monday, March 3rd will be issued a $0.2531 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This is a boost from Vanguard Intermediate-Term Bond ETF’s previous dividend of $0.23.

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).