Cranbrook Wealth Management LLC increased its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 4.0% during the 3rd quarter, Holdings Channel reports. The firm owned 176,275 shares of the company’s stock after purchasing an additional 6,726 shares during the quarter. Vanguard Intermediate-Term Bond ETF makes up 5.0% of Cranbrook Wealth Management LLC’s holdings, making the stock its biggest position. Cranbrook Wealth Management LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $14,187,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. AE Wealth Management LLC grew its position in Vanguard Intermediate-Term Bond ETF by 73.2% in the 2nd quarter. AE Wealth Management LLC now owns 9,293 shares of the company’s stock valued at $752,000 after acquiring an additional 3,929 shares during the last quarter. Peapack Gladstone Financial Corp grew its position in Vanguard Intermediate-Term Bond ETF by 0.8% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 129,238 shares of the company’s stock valued at $10,464,000 after acquiring an additional 1,038 shares during the last quarter. Atria Investments LLC grew its position in Vanguard Intermediate-Term Bond ETF by 7.7% in the 3rd quarter. Atria Investments LLC now owns 31,590 shares of the company’s stock valued at $2,542,000 after acquiring an additional 2,258 shares during the last quarter. AdvicePeriod LLC grew its position in Vanguard Intermediate-Term Bond ETF by 5.8% in the 3rd quarter. AdvicePeriod LLC now owns 100,074 shares of the company’s stock valued at $8,054,000 after acquiring an additional 5,521 shares during the last quarter. Finally, Headinvest LLC bought a new position in Vanguard Intermediate-Term Bond ETF in the 2nd quarter valued at $990,000.

Shares of Vanguard Intermediate-Term Bond ETF stock opened at $79.96 on Monday. Vanguard Intermediate-Term Bond ETF has a 52 week low of $79.35 and a 52 week high of $84.58.

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, November 6th. Shareholders of record on Friday, November 2nd were given a $0.2013 dividend. This represents a $2.42 annualized dividend and a yield of 3.02%. The ex-dividend date was Thursday, November 1st. This is an increase from Vanguard Intermediate-Term Bond ETF’s previous monthly dividend of $0.20.

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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).

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Want to see what other hedge funds are holding BIV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV).

Institutional Ownership by Quarter for Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

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