Farther Finance Advisors LLC Has $34.28 Million Holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Farther Finance Advisors LLC grew its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 13.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 458,716 shares of the company’s stock after purchasing an additional 53,017 shares during the quarter. Vanguard Intermediate-Term Bond ETF makes up 1.2% of Farther Finance Advisors LLC’s investment portfolio, making the stock its 8th largest position. Farther Finance Advisors LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $34,280,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Montag A & Associates Inc. raised its stake in shares of 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 buying an additional 201 shares in the last quarter. Coastline Trust Co bought a new stake in Vanguard Intermediate-Term Bond ETF during the 3rd quarter worth about $32,000. Newbridge Financial Services Group Inc. bought a new stake in Vanguard Intermediate-Term Bond ETF during the 4th quarter worth about $45,000. Financial Connections Group Inc. grew its holdings in Vanguard Intermediate-Term Bond ETF by 32.0% during the 4th quarter. Financial Connections Group Inc. now owns 681 shares of the company’s stock worth $50,000 after acquiring an additional 165 shares during the last quarter. Finally, Cape Investment Advisory Inc. grew its holdings in Vanguard Intermediate-Term Bond ETF by 47.8% during the 4th 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 Price Performance

Shares of NYSEARCA:BIV opened at $76.07 on Wednesday. Vanguard Intermediate-Term Bond ETF has a 12 month low of $72.95 and a 12 month high of $78.89. The company’s 50-day moving average price is $75.19 and its two-hundred day moving average price is $76.13.

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 paid a $0.2531 dividend. The ex-dividend date was Monday, March 3rd. This is a positive change 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).