Naples Global Advisors LLC Buys 428 Shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Naples Global Advisors LLC boosted its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 1.3% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 33,058 shares of the company’s stock after buying an additional 428 shares during the quarter. Naples Global Advisors LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $2,470,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. True Link Financial Advisors LLC raised its stake in shares of Vanguard Intermediate-Term Bond ETF by 31.8% in the third quarter. True Link Financial Advisors LLC now owns 3,707,227 shares of the company’s stock valued at $290,535,000 after acquiring an additional 894,519 shares during the period. EP Wealth Advisors LLC raised its position in Vanguard Intermediate-Term Bond ETF by 38.5% in the 3rd quarter. EP Wealth Advisors LLC now owns 3,037,989 shares of the company’s stock worth $238,087,000 after purchasing an additional 844,917 shares during the period. Wealth Enhancement Advisory Services LLC lifted its stake in Vanguard Intermediate-Term Bond ETF by 59.0% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 1,610,345 shares of the company’s stock worth $126,203,000 after purchasing an additional 597,770 shares during the last quarter. Sage Financial Management Group Inc. purchased a new position in shares of Vanguard Intermediate-Term Bond ETF during the third quarter valued at approximately $43,848,000. Finally, BetterWealth LLC bought a new position in shares of Vanguard Intermediate-Term Bond ETF during the fourth quarter valued at approximately $29,666,000.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of BIV stock opened at $74.62 on Thursday. The stock has a 50 day moving average price of $75.03 and a 200 day moving average price of $76.32. Vanguard Intermediate-Term Bond ETF has a 52-week low of $72.95 and a 52-week high of $78.89.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were given a dividend of $0.2531 per share. This is an increase from Vanguard Intermediate-Term Bond ETF’s previous dividend of $0.23. The ex-dividend date of this dividend was Monday, February 3rd.

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).