PKS Advisory Services LLC Invests $299,000 in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

PKS Advisory Services LLC bought a new position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 3,997 shares of the company’s stock, valued at approximately $299,000.

Several other hedge funds have also recently bought and sold shares of the business. LPL Financial LLC grew its stake in Vanguard Intermediate-Term Bond ETF by 17.3% during the fourth quarter. LPL Financial LLC now owns 4,536,942 shares of the company’s stock worth $339,046,000 after buying an additional 668,720 shares during the period. True Link Financial Advisors LLC lifted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 6.6% during the 4th quarter. True Link Financial Advisors LLC now owns 3,952,928 shares of the company’s stock valued at $295,402,000 after acquiring an additional 245,701 shares in the last quarter. EP Wealth Advisors LLC boosted its position in Vanguard Intermediate-Term Bond ETF by 38.5% during the 3rd quarter. EP Wealth Advisors LLC now owns 3,037,989 shares of the company’s stock worth $238,087,000 after purchasing an additional 844,917 shares during the period. Mather Group LLC. increased its holdings in Vanguard Intermediate-Term Bond ETF by 7.2% in the 4th quarter. Mather Group LLC. now owns 2,909,578 shares of the company’s stock valued at $217,433,000 after purchasing an additional 194,263 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. raised its position in Vanguard Intermediate-Term Bond ETF by 4.0% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 2,240,007 shares of the company’s stock valued at $167,396,000 after purchasing an additional 85,134 shares during the period.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of BIV opened at $76.14 on Wednesday. Vanguard Intermediate-Term Bond ETF has a 12 month low of $72.95 and a 12 month high of $78.89. The stock’s 50-day moving average is $75.54 and its two-hundred day moving average is $76.01.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were given a dividend of $0.2531 per share. The ex-dividend date was Monday, March 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).