Potomac Fund Management Inc. ADV Acquires Shares of 3,010 Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Potomac Fund Management Inc. ADV acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,010 shares of the company’s stock, valued at approximately $225,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Physician Wealth Solutions Inc. grew its stake in shares of Vanguard Intermediate-Term Bond ETF by 0.4% in the fourth quarter. Physician Wealth Solutions Inc. now owns 36,788 shares of the company’s stock worth $2,749,000 after acquiring an additional 134 shares during the last quarter. Redwood Investment Management LLC grew its position in Vanguard Intermediate-Term Bond ETF by 3.1% during the 3rd quarter. Redwood Investment Management LLC now owns 4,912 shares of the company’s stock valued at $385,000 after purchasing an additional 146 shares during the last quarter. Ashton Thomas Securities LLC grew its position in Vanguard Intermediate-Term Bond ETF by 1.5% during the 4th quarter. Ashton Thomas Securities LLC now owns 9,996 shares of the company’s stock valued at $747,000 after purchasing an additional 152 shares during the last quarter. HF Advisory Group LLC raised its holdings in Vanguard Intermediate-Term Bond ETF by 5.6% in the fourth quarter. HF Advisory Group LLC now owns 2,976 shares of the company’s stock worth $222,000 after buying an additional 157 shares during the last quarter. Finally, Outlook Wealth Advisors LLC lifted its stake in shares of Vanguard Intermediate-Term Bond ETF by 1.5% in the fourth quarter. Outlook Wealth Advisors LLC now owns 10,831 shares of the company’s stock worth $809,000 after buying an additional 161 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Trading Down 0.1 %

NYSEARCA:BIV opened at $76.53 on Wednesday. Vanguard Intermediate-Term Bond ETF has a 52 week low of $72.95 and a 52 week high of $78.89. The company’s 50 day moving average price is $75.70 and its 200-day moving average price is $75.93.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st will be issued a $0.2531 dividend. This is a positive change from Vanguard Intermediate-Term Bond ETF’s previous dividend of $0.23. The ex-dividend date is Tuesday, April 1st.

About Vanguard Intermediate-Term Bond ETF

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).