Frank Rimerman Advisors LLC Purchases 7,596 Shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Frank Rimerman Advisors LLC lifted its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 86.5% in the 4th quarter, HoldingsChannel.com reports. The fund owned 16,379 shares of the company’s stock after buying an additional 7,596 shares during the period. Frank Rimerman Advisors LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $1,224,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Greykasell Wealth Strategies Inc. acquired a new stake in Vanguard Intermediate-Term Bond ETF during the fourth quarter worth approximately $1,261,000. Maiden Cove Capital LLC boosted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 63.8% during the 4th quarter. Maiden Cove Capital LLC now owns 15,096 shares of the company’s stock worth $1,128,000 after buying an additional 5,881 shares in the last quarter. Poinciana Advisors Group LLC acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF during the 4th quarter worth approximately $387,000. Hills Bank & Trust Co bought a new stake in shares of Vanguard Intermediate-Term Bond ETF in the 4th quarter valued at $443,000. Finally, Associated Banc Corp increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 2.0% in the 4th quarter. Associated Banc Corp now owns 94,953 shares of the company’s stock valued at $7,096,000 after acquiring an additional 1,869 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Down 0.2 %

BIV opened at $75.91 on Friday. The company has a fifty day moving average price of $75.26 and a two-hundred day moving average price of $76.10. Vanguard Intermediate-Term Bond ETF has a 1-year low of $72.95 and a 1-year high of $78.89.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were given 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 was Monday, March 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).