Hurlow Wealth Management Group Inc. Has $7.27 Million Holdings in Vanguard Intermediate-Term Bond ETF $BIV

Hurlow Wealth Management Group Inc. lifted its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 22.9% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 93,124 shares of the company’s stock after acquiring an additional 17,357 shares during the quarter. Vanguard Intermediate-Term Bond ETF comprises approximately 1.9% of Hurlow Wealth Management Group Inc.’s holdings, making the stock its 16th largest position. Hurlow Wealth Management Group Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $7,272,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in BIV. OMNI 360 Wealth Inc. grew its holdings in Vanguard Intermediate-Term Bond ETF by 3.6% during the third quarter. OMNI 360 Wealth Inc. now owns 3,693 shares of the company’s stock valued at $288,000 after purchasing an additional 129 shares during the last quarter. IFG Advisory LLC grew its stake in Vanguard Intermediate-Term Bond ETF by 3.2% in the 2nd quarter. IFG Advisory LLC now owns 4,183 shares of the company’s stock valued at $324,000 after buying an additional 130 shares during the last quarter. United Advisor Group LLC grew its stake in Vanguard Intermediate-Term Bond ETF by 5.0% in the 2nd quarter. United Advisor Group LLC now owns 2,747 shares of the company’s stock valued at $212,000 after buying an additional 131 shares during the last quarter. Partners in Financial Planning raised its holdings in Vanguard Intermediate-Term Bond ETF by 0.7% in the 2nd quarter. Partners in Financial Planning now owns 17,947 shares of the company’s stock worth $1,388,000 after acquiring an additional 133 shares during the period. Finally, AE Wealth Management LLC raised its holdings in Vanguard Intermediate-Term Bond ETF by 0.6% in the 2nd quarter. AE Wealth Management LLC now owns 25,890 shares of the company’s stock worth $2,002,000 after acquiring an additional 148 shares during the period.

Vanguard Intermediate-Term Bond ETF Stock Performance

BIV stock opened at $77.88 on Friday. Vanguard Intermediate-Term Bond ETF has a 52-week low of $74.44 and a 52-week high of $78.91. The company has a 50-day moving average of $77.91 and a two-hundred day moving average of $77.95.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were paid a dividend of $0.2738 per share. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a yield of 4.2%.

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). The Index includes all medium and larger issues of the United States Government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities between 5 and 10 years and are publicly issued.