Parkworth Wealth Management Inc. Makes New Investment in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Parkworth Wealth Management Inc. acquired a new position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 86,223 shares of the company’s stock, valued at approximately $6,443,000. Vanguard Intermediate-Term Bond ETF comprises about 5.4% of Parkworth Wealth Management Inc.’s investment portfolio, making the stock its 4th largest position.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. True Link Financial Advisors LLC boosted its position in Vanguard Intermediate-Term Bond ETF by 6.6% in the fourth quarter. True Link Financial Advisors LLC now owns 3,952,928 shares of the company’s stock worth $295,402,000 after purchasing an additional 245,701 shares during the last quarter. LPL Financial LLC lifted its position in shares of Vanguard Intermediate-Term Bond ETF by 3.7% during the 3rd quarter. LPL Financial LLC now owns 3,868,222 shares of the company’s stock valued at $303,153,000 after buying an additional 139,780 shares during the last quarter. EP Wealth Advisors LLC lifted its position in shares of 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 valued at $238,087,000 after buying an additional 844,917 shares during the last quarter. Mather Group LLC. raised its stake in shares of Vanguard Intermediate-Term Bond ETF by 7.2% during 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 during the period. Finally, Lincoln National Corp raised its stake in shares of Vanguard Intermediate-Term Bond ETF by 6.3% during the 4th quarter. Lincoln National Corp now owns 1,994,238 shares of the company’s stock valued at $149,029,000 after purchasing an additional 117,562 shares during the period.

Vanguard Intermediate-Term Bond ETF Trading Down 0.4 %

NYSEARCA:BIV opened at $76.07 on Wednesday. Vanguard Intermediate-Term Bond ETF has a 52-week low of $72.95 and a 52-week high of $78.89. The business’s fifty day moving average is $75.19 and its 200 day moving average is $76.13.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were paid a dividend of $0.2531 per share. This is a positive change from Vanguard Intermediate-Term Bond ETF’s previous dividend of $0.23. The ex-dividend date was Monday, March 3rd.

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).