Five Pine Wealth Management Takes $1.25 Million Position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Five Pine Wealth Management purchased a new position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 16,654 shares of the company’s stock, valued at approximately $1,245,000. Vanguard Intermediate-Term Bond ETF comprises approximately 1.0% of Five Pine Wealth Management’s investment portfolio, making the stock its 19th largest holding.

A number of other hedge funds have also bought and sold shares of BIV. Blue Trust Inc. raised its position in shares of Vanguard Intermediate-Term Bond ETF by 88.7% during the 3rd quarter. Blue Trust Inc. now owns 402 shares of the company’s stock valued at $30,000 after acquiring an additional 189 shares in the last quarter. Coastline Trust Co acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF during the third quarter worth $32,000. Armstrong Advisory Group Inc. lifted its position in shares of Vanguard Intermediate-Term Bond ETF by 504.0% in the 3rd quarter. Armstrong Advisory Group Inc. now owns 610 shares of the company’s stock worth $48,000 after buying an additional 509 shares during the last quarter. Cedar Mountain Advisors LLC boosted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 3,887.5% in the 4th quarter. Cedar Mountain Advisors LLC now owns 957 shares of the company’s stock valued at $72,000 after buying an additional 933 shares during the period. Finally, Sugarloaf Wealth Management LLC grew its position in shares of Vanguard Intermediate-Term Bond ETF by 35.3% during the 3rd quarter. Sugarloaf Wealth Management LLC now owns 1,031 shares of the company’s stock valued at $81,000 after buying an additional 269 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of NYSEARCA BIV opened at $75.19 on Friday. The firm’s 50-day moving average price is $75.18 and its two-hundred day moving average price is $76.35. Vanguard Intermediate-Term Bond ETF has a 52-week low of $72.95 and a 52-week high of $78.89.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The business also recently announced a dividend, which will be paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd will be given a $0.2531 dividend. The ex-dividend date of this dividend is 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 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).