Parkside Financial Bank & Trust Has $15.34 Million Holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Parkside Financial Bank & Trust lifted its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 15.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 205,211 shares of the company’s stock after acquiring an additional 27,427 shares during the quarter. Vanguard Intermediate-Term Bond ETF makes up 2.0% of Parkside Financial Bank & Trust’s holdings, making the stock its 9th biggest holding. Parkside Financial Bank & Trust’s holdings in Vanguard Intermediate-Term Bond ETF were worth $15,335,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in BIV. Consilium Wealth Advisory LLC bought a new stake in Vanguard Intermediate-Term Bond ETF in the fourth quarter worth approximately $6,374,000. Oppenheimer & Co. Inc. increased its holdings in Vanguard Intermediate-Term Bond ETF by 1.9% in the fourth quarter. Oppenheimer & Co. Inc. now owns 10,527 shares of the company’s stock worth $787,000 after purchasing an additional 195 shares in the last quarter. Kovack Advisors Inc. increased its holdings in Vanguard Intermediate-Term Bond ETF by 8.0% in the fourth quarter. Kovack Advisors Inc. now owns 11,909 shares of the company’s stock worth $890,000 after purchasing an additional 882 shares in the last quarter. Nwam LLC increased its holdings in Vanguard Intermediate-Term Bond ETF by 1.7% in the fourth quarter. Nwam LLC now owns 105,272 shares of the company’s stock worth $7,867,000 after purchasing an additional 1,731 shares in the last quarter. Finally, Argonautica Private Wealth Management Inc. increased its holdings in Vanguard Intermediate-Term Bond ETF by 7.0% in the fourth quarter. Argonautica Private Wealth Management Inc. now owns 8,322 shares of the company’s stock worth $622,000 after purchasing an additional 541 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Trading Down 0.1 %

Shares of BIV stock opened at $76.26 on Friday. The stock has a 50 day simple moving average of $74.94 and a two-hundred day simple moving average of $76.22. Vanguard Intermediate-Term Bond ETF has a fifty-two week low of $72.95 and a fifty-two 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. Shareholders of record on Monday, February 3rd were issued a $0.2531 dividend. This is an increase from Vanguard Intermediate-Term Bond ETF’s previous dividend of $0.23. The ex-dividend date was Monday, February 3rd.

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).