Wilkins Miller Wealth Management LLC Purchases 14,963 Shares of Vanguard Intermediate-Term Bond ETF $BIV

Wilkins Miller Wealth Management LLC lifted its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 72.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 35,528 shares of the company’s stock after buying an additional 14,963 shares during the period. Vanguard Intermediate-Term Bond ETF comprises approximately 1.6% of Wilkins Miller Wealth Management LLC’s holdings, making the stock its 19th largest holding. Wilkins Miller Wealth Management LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $2,767,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Evolution Wealth Management Inc. acquired a new position in shares of Vanguard Intermediate-Term Bond ETF in the 2nd quarter worth approximately $26,000. Blue Trust Inc. raised its holdings in shares of Vanguard Intermediate-Term Bond ETF by 85.5% in the 3rd quarter. Blue Trust Inc. now owns 371 shares of the company’s stock worth $29,000 after buying an additional 171 shares in the last quarter. First Community Trust NA acquired a new position in shares of Vanguard Intermediate-Term Bond ETF in the 3rd quarter worth approximately $30,000. Kelleher Financial Advisors acquired a new position in shares of Vanguard Intermediate-Term Bond ETF in the 3rd quarter worth approximately $30,000. Finally, Texas Capital Bancshares Inc TX acquired a new position in shares of Vanguard Intermediate-Term Bond ETF in the 3rd quarter worth approximately $31,000.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of BIV opened at $77.07 on Wednesday. Vanguard Intermediate-Term Bond ETF has a 1 year low of $74.44 and a 1 year high of $79.08. The stock has a 50 day simple moving average of $77.77 and a 200-day simple moving average of $78.00.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

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

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.