Stanley Laman Group Ltd. Has $464,000 Position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Stanley Laman Group Ltd. raised its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 18.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 5,783 shares of the company’s stock after buying an additional 906 shares during the period. Stanley Laman Group Ltd.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $464,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Wealthcare Advisory Partners LLC increased its stake in Vanguard Intermediate-Term Bond ETF by 58.0% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 6,561 shares of the company’s stock valued at $490,000 after buying an additional 2,408 shares during the last quarter. Exchange Traded Concepts LLC acquired a new position in shares of Vanguard Intermediate-Term Bond ETF during the 3rd quarter worth about $618,000. Brookstone Capital Management increased its stake 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 during the last quarter. JPMorgan Chase & Co. increased its stake 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 during the last quarter. Finally, Gemmer Asset Management LLC increased its stake 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 during the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

Vanguard Intermediate-Term Bond ETF stock opened at $75.03 on Friday. The company’s 50-day moving average is $75.00 and its 200-day moving average is $76.31. Vanguard Intermediate-Term Bond ETF has a fifty-two week low of $72.95 and a fifty-two week high of $78.89.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were paid a dividend of $0.2531 per share. The ex-dividend date was Monday, February 3rd. This is a positive change 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).