PFG Advisors Invests $4.83 Million in Vanguard Intermediate-Term Bond ETF $BIV

PFG Advisors purchased a new stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 61,851 shares of the company’s stock, valued at approximately $4,830,000.

A number of other institutional investors have also recently bought and sold shares of the stock. Atlantic Union Bankshares Corp purchased a new stake in Vanguard Intermediate-Term Bond ETF during the second quarter valued at about $101,000. Savant Capital LLC lifted its position in shares of Vanguard Intermediate-Term Bond ETF by 39.4% in the 2nd quarter. Savant Capital LLC now owns 5,687 shares of the company’s stock valued at $440,000 after acquiring an additional 1,608 shares in the last quarter. AE Wealth Management LLC lifted its position in shares of 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 valued at $2,002,000 after acquiring an additional 148 shares in the last quarter. Nwam LLC boosted its stake in Vanguard Intermediate-Term Bond ETF by 3.7% in the 2nd quarter. Nwam LLC now owns 98,672 shares of the company’s stock worth $7,631,000 after purchasing an additional 3,479 shares during the period. Finally, Clarity Wealth Advisors LLC grew its position in Vanguard Intermediate-Term Bond ETF by 5.0% during the 2nd quarter. Clarity Wealth Advisors LLC now owns 96,449 shares of the company’s stock worth $7,459,000 after purchasing an additional 4,630 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of NYSEARCA:BIV opened at $78.16 on Tuesday. The company’s fifty day moving average is $78.09 and its two-hundred day moving average is $78.14. Vanguard Intermediate-Term Bond ETF has a 12-month low of $74.44 and a 12-month high of $79.08.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were paid a $0.2514 dividend. This represents a c) annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend was Monday, March 2nd.

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). 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.