Zhang Financial LLC Grows Holdings in Vanguard Intermediate-Term Bond ETF $BIV

Zhang Financial LLC raised its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 41.3% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,136,494 shares of the company’s stock after purchasing an additional 331,964 shares during the quarter. Vanguard Intermediate-Term Bond ETF makes up about 3.6% of Zhang Financial LLC’s holdings, making the stock its 8th biggest holding. Zhang Financial LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $88,749,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. OMNI 360 Wealth Inc. boosted its stake in shares of Vanguard Intermediate-Term Bond ETF by 3.6% during the 3rd 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 in the last quarter. IFG Advisory LLC raised its position in shares of 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 worth $324,000 after acquiring an additional 130 shares in the last quarter. United Advisor Group LLC lifted its stake in shares of 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 purchasing an additional 131 shares during the period. Partners in Financial Planning boosted its position in shares of Vanguard Intermediate-Term Bond ETF by 0.7% during the second quarter. Partners in Financial Planning now owns 17,947 shares of the company’s stock valued at $1,388,000 after purchasing an additional 133 shares in the last quarter. Finally, Koshinski Asset Management Inc. boosted its position in shares of Vanguard Intermediate-Term Bond ETF by 1.1% during the third quarter. Koshinski Asset Management Inc. now owns 13,194 shares of the company’s stock valued at $1,030,000 after purchasing an additional 141 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Down 0.1%

Shares of BIV stock opened at $78.74 on Wednesday. The business’s fifty day moving average is $78.01 and its 200 day moving average is $78.07. Vanguard Intermediate-Term Bond ETF has a twelve month low of $74.44 and a twelve month high of $78.91.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

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

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.