PFG Advisors Takes $4.83 Million Position in Vanguard Intermediate-Term Bond ETF $BIV

PFG Advisors acquired a new position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 61,851 shares of the company’s stock, valued at approximately $4,830,000.

Several other institutional investors have also modified their holdings of BIV. Envestnet Asset Management Inc. grew its holdings in Vanguard Intermediate-Term Bond ETF by 5.5% during the third quarter. Envestnet Asset Management Inc. now owns 19,586,319 shares of the company’s stock worth $1,529,496,000 after acquiring an additional 1,016,721 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in Vanguard Intermediate-Term Bond ETF by 5.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 9,106,889 shares of the company’s stock valued at $704,327,000 after acquiring an additional 461,305 shares during the last quarter. EP Wealth Advisors LLC boosted its position in shares of Vanguard Intermediate-Term Bond ETF by 12.6% during the 2nd quarter. EP Wealth Advisors LLC now owns 6,071,963 shares of the company’s stock valued at $469,606,000 after purchasing an additional 677,443 shares in the last quarter. True Link Financial Advisors LLC grew its stake in shares of Vanguard Intermediate-Term Bond ETF by 6.4% in the 3rd quarter. True Link Financial Advisors LLC now owns 4,852,251 shares of the company’s stock worth $378,912,000 after purchasing an additional 289,758 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its stake in shares of Vanguard Intermediate-Term Bond ETF by 1.2% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,977,300 shares of the company’s stock worth $307,552,000 after purchasing an additional 46,420 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

BIV stock opened at $78.16 on Tuesday. Vanguard Intermediate-Term Bond ETF has a 12 month low of $74.44 and a 12 month high of $79.08. The firm has a 50 day simple moving average of $78.09 and a 200 day simple moving average of $78.14.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were given a dividend of $0.2514 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date was Monday, March 2nd.

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). The Index includes all medium and larger issues of the United States Government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities between 5 and 10 years and are publicly issued.