Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) Shares Purchased by Cornerstone Planning Group LLC

Cornerstone Planning Group LLC increased its position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 134.6% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 458,093 shares of the company’s stock after purchasing an additional 262,804 shares during the period. Vanguard Intermediate-Term Bond ETF comprises about 8.5% of Cornerstone Planning Group LLC’s investment portfolio, making the stock its 3rd biggest holding. Cornerstone Planning Group LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $34,453,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Wealthcare Advisory Partners LLC raised its holdings in 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 worth $490,000 after acquiring an additional 2,408 shares during the period. Exchange Traded Concepts LLC bought a new stake in shares of Vanguard Intermediate-Term Bond ETF during the third quarter valued at approximately $618,000. Brookstone Capital Management lifted its holdings in Vanguard Intermediate-Term Bond ETF by 12.1% in the fourth quarter. Brookstone Capital Management now owns 126,119 shares of the company’s stock valued at $9,425,000 after buying an additional 13,651 shares during the period. JPMorgan Chase & Co. lifted its holdings in Vanguard Intermediate-Term Bond ETF by 53.0% in the third quarter. JPMorgan Chase & Co. now owns 415,162 shares of the company’s stock valued at $32,536,000 after buying an additional 143,861 shares during the period. Finally, Gemmer Asset Management LLC raised its holdings in Vanguard Intermediate-Term Bond ETF by 2.5% in the third quarter. Gemmer Asset Management LLC now owns 129,608 shares of the company’s stock worth $10,157,000 after purchasing an additional 3,133 shares during the period.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of BIV stock opened at $75.12 on Monday. Vanguard Intermediate-Term Bond ETF has a 12-month low of $72.95 and a 12-month high of $78.89. The firm has a fifty day moving average of $75.08 and a 200-day moving average of $76.33.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were given a $0.2531 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is an increase 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).