HighTower Advisors LLC Raises Stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

HighTower Advisors LLC raised its position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 5.2% during the fourth quarter, HoldingsChannel reports. The firm owned 440,844 shares of the company’s stock after buying an additional 21,736 shares during the quarter. HighTower Advisors LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $32,944,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Wealthfront Advisers LLC increased its stake in Vanguard Intermediate-Term Bond ETF by 85.3% in the fourth quarter. Wealthfront Advisers LLC now owns 323,900 shares of the company’s stock valued at $24,205,000 after purchasing an additional 149,087 shares during the last quarter. Citizens Financial Group Inc. RI grew its position in shares of Vanguard Intermediate-Term Bond ETF by 228.4% in the 4th quarter. Citizens Financial Group Inc. RI now owns 17,989 shares of the company’s stock valued at $1,344,000 after buying an additional 12,511 shares during the last quarter. Independent Advisor Alliance acquired a new stake in Vanguard Intermediate-Term Bond ETF during the 4th quarter worth $1,334,000. BOK Financial Private Wealth Inc. purchased a new stake in Vanguard Intermediate-Term Bond ETF in the fourth quarter valued at $253,000. Finally, Efficient Advisors LLC boosted its stake in Vanguard Intermediate-Term Bond ETF by 5.6% in the fourth quarter. Efficient Advisors LLC now owns 1,280,746 shares of the company’s stock valued at $95,710,000 after acquiring an additional 67,909 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

NYSEARCA BIV opened at $75.91 on Friday. Vanguard Intermediate-Term Bond ETF has a one year low of $72.95 and a one year high of $78.89. The firm’s fifty day moving average is $75.26 and its two-hundred day moving average is $76.12.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.2531 per share. 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 Company 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).