Austin Private Wealth LLC Has $23.89 Million Stock Position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Austin Private Wealth LLC cut its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 10.7% in the 4th quarter, Holdings Channel reports. The institutional investor owned 319,712 shares of the company’s stock after selling 38,391 shares during the quarter. Vanguard Intermediate-Term Bond ETF accounts for about 2.2% of Austin Private Wealth LLC’s portfolio, making the stock its 12th largest position. Austin Private Wealth LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $23,892,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of the stock. Wealthcare Advisory Partners LLC grew its stake in shares of Vanguard Intermediate-Term Bond ETF by 58.0% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 6,561 shares of the company’s stock worth $490,000 after purchasing an additional 2,408 shares during the last quarter. Exchange Traded Concepts LLC bought a new position in shares of Vanguard Intermediate-Term Bond ETF during the 3rd quarter worth about $618,000. Brookstone Capital Management boosted its position in shares of Vanguard Intermediate-Term Bond ETF by 12.1% during the 4th quarter. Brookstone Capital Management now owns 126,119 shares of the company’s stock worth $9,425,000 after purchasing an additional 13,651 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of Vanguard Intermediate-Term Bond ETF by 53.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 415,162 shares of the company’s stock worth $32,536,000 after purchasing an additional 143,861 shares in the last quarter. Finally, Gemmer Asset Management LLC boosted its position in shares of Vanguard Intermediate-Term Bond ETF by 2.5% during the 3rd quarter. Gemmer Asset Management LLC now owns 129,608 shares of the company’s stock worth $10,157,000 after purchasing an additional 3,133 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

BIV stock opened at $75.19 on Friday. The company’s 50-day moving average is $75.18 and its 200-day moving average is $76.35. 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 business also recently disclosed a dividend, which will be paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd will be given a dividend of $0.2531 per share. The ex-dividend date is Monday, February 3rd. This is a boost from Vanguard Intermediate-Term Bond ETF’s previous dividend of $0.23.

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).