Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) Shares Sold by FPC Investment Advisory Inc.

FPC Investment Advisory Inc. lowered its position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 3.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 272,187 shares of the company’s stock after selling 9,068 shares during the quarter. Vanguard Intermediate-Term Bond ETF accounts for approximately 15.0% of FPC Investment Advisory Inc.’s investment portfolio, making the stock its 2nd largest position. FPC Investment Advisory Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $20,466,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in BIV. Blue Trust Inc. increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 88.7% in the third quarter. Blue Trust Inc. now owns 402 shares of the company’s stock valued at $30,000 after buying an additional 189 shares during the period. Joel Isaacson & Co. LLC increased its position in Vanguard Intermediate-Term Bond ETF by 48.8% during the 3rd quarter. Joel Isaacson & Co. LLC now owns 64,307 shares of the company’s stock valued at $5,040,000 after purchasing an additional 21,086 shares during the period. PFG Investments LLC increased its position in Vanguard Intermediate-Term Bond ETF by 417.1% during the 3rd quarter. PFG Investments LLC now owns 30,039 shares of the company’s stock valued at $2,354,000 after purchasing an additional 24,230 shares during the period. Consolidated Portfolio Review Corp increased its position in Vanguard Intermediate-Term Bond ETF by 5.3% during the 3rd quarter. Consolidated Portfolio Review Corp now owns 247,247 shares of the company’s stock valued at $19,377,000 after purchasing an additional 12,400 shares during the period. Finally, Wealth Enhancement Advisory Services LLC increased its position in Vanguard Intermediate-Term Bond ETF by 59.0% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 1,610,345 shares of the company’s stock valued at $126,203,000 after purchasing an additional 597,770 shares during the period.

Vanguard Intermediate-Term Bond ETF Price Performance

NYSEARCA:BIV opened at $75.59 on Friday. The company has a 50 day simple moving average of $74.86 and a two-hundred day simple moving average of $76.24. Vanguard Intermediate-Term Bond ETF has a fifty-two week low of $72.95 and a fifty-two week high of $78.89.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were given a dividend of $0.2531 per share. The ex-dividend date 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).