Pinkerton Wealth LLC Has $38.79 Million Stock Position in Vanguard Intermediate-Term Bond ETF $BIV

Pinkerton Wealth LLC boosted its position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 17.4% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 496,670 shares of the company’s stock after buying an additional 73,592 shares during the quarter. Vanguard Intermediate-Term Bond ETF makes up approximately 4.2% of Pinkerton Wealth LLC’s holdings, making the stock its 4th largest holding. Pinkerton Wealth LLC owned about 0.15% of Vanguard Intermediate-Term Bond ETF worth $38,785,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the company. Evolution Wealth Management Inc. acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF in the 2nd quarter valued at $26,000. Blue Trust Inc. lifted its stake in shares of Vanguard Intermediate-Term Bond ETF by 85.5% during the third quarter. Blue Trust Inc. now owns 371 shares of the company’s stock valued at $29,000 after acquiring an additional 171 shares during the period. First Community Trust NA acquired a new position in shares of Vanguard Intermediate-Term Bond ETF during the third quarter valued at $30,000. Alpine Bank Wealth Management bought a new position in Vanguard Intermediate-Term Bond ETF in the third quarter valued at about $33,000. Finally, GPS Wealth Strategies Group LLC increased its position in Vanguard Intermediate-Term Bond ETF by 217.5% in the third quarter. GPS Wealth Strategies Group LLC now owns 762 shares of the company’s stock worth $59,000 after purchasing an additional 522 shares during the period.

Vanguard Intermediate-Term Bond ETF Trading Up 0.3%

Shares of BIV stock opened at $78.16 on Tuesday. Vanguard Intermediate-Term Bond ETF has a 12 month low of $74.44 and a 12 month high of $79.08. The stock has a 50-day moving average price of $78.09 and a 200 day moving average price of $78.14.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

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

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.