Veridan Wealth LLC Acquires Shares of 60,512 Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Veridan Wealth LLC bought a new position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 60,512 shares of the company’s stock, valued at approximately $4,535,000. Vanguard Intermediate-Term Bond ETF makes up 2.1% of Veridan Wealth LLC’s investment portfolio, making the stock its 11th largest position.

Several other hedge funds have also modified their holdings of BIV. Evergreen Wealth Management LLC raised its position in 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 purchasing an additional 1,943 shares during the last quarter. Wealthcare Advisory Partners LLC increased its stake 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 valued at $490,000 after buying an additional 2,408 shares during the period. Brookstone Capital Management raised its position in shares of Vanguard Intermediate-Term Bond ETF by 12.1% during the fourth quarter. Brookstone Capital Management now owns 126,119 shares of the company’s stock worth $9,425,000 after acquiring an additional 13,651 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of Vanguard Intermediate-Term Bond ETF by 53.0% during the third quarter. JPMorgan Chase & Co. now owns 415,162 shares of the company’s stock worth $32,536,000 after acquiring an additional 143,861 shares during the last quarter. Finally, Park Avenue Securities LLC lifted its stake in shares of Vanguard Intermediate-Term Bond ETF by 52.4% during the fourth quarter. Park Avenue Securities LLC now owns 14,838 shares of the company’s stock valued at $1,109,000 after acquiring an additional 5,102 shares during the period.

Vanguard Intermediate-Term Bond ETF Trading Down 0.1 %

Vanguard Intermediate-Term Bond ETF stock opened at $76.26 on Friday. Vanguard Intermediate-Term Bond ETF has a 12-month low of $72.95 and a 12-month high of $78.89. The business’s 50-day simple moving average is $74.94 and its 200 day simple moving average is $76.22.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were paid a $0.2531 dividend. The ex-dividend date was Monday, February 3rd. This is a positive change from Vanguard Intermediate-Term Bond ETF’s previous dividend of $0.23.

Vanguard Intermediate-Term Bond ETF Company 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).