Fonville Wealth Management LLC Purchases 12,055 Shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Fonville Wealth Management LLC increased its position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 13.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 102,604 shares of the company’s stock after acquiring an additional 12,055 shares during the period. Vanguard Intermediate-Term Bond ETF comprises about 2.5% of Fonville Wealth Management LLC’s investment portfolio, making the stock its 11th biggest holding. Fonville Wealth Management LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $7,668,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of BIV. Blue Trust Inc. grew its holdings in Vanguard Intermediate-Term Bond ETF by 88.7% during the third quarter. Blue Trust Inc. now owns 402 shares of the company’s stock valued at $30,000 after purchasing an additional 189 shares during the period. Coastline Trust Co purchased a new stake in Vanguard Intermediate-Term Bond ETF in the 3rd quarter worth approximately $32,000. Newbridge Financial Services Group Inc. purchased a new position in Vanguard Intermediate-Term Bond ETF during the fourth quarter valued at approximately $45,000. Armstrong Advisory Group Inc. lifted its holdings in Vanguard Intermediate-Term Bond ETF by 504.0% during the third quarter. Armstrong Advisory Group Inc. now owns 610 shares of the company’s stock valued at $48,000 after purchasing an additional 509 shares in the last quarter. Finally, Cedar Mountain Advisors LLC boosted its position in shares of Vanguard Intermediate-Term Bond ETF by 3,887.5% in the fourth quarter. Cedar Mountain Advisors LLC now owns 957 shares of the company’s stock worth $72,000 after purchasing an additional 933 shares during the period.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of BIV stock opened at $75.12 on Monday. The company’s fifty day moving average price is $75.08 and its 200-day moving average price is $76.33. Vanguard Intermediate-Term Bond ETF has a one year low of $72.95 and a one year high of $78.89.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were given a $0.2531 dividend. This is an increase 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).