Golden State Wealth Management LLC Invests $476,000 in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Golden State Wealth Management LLC bought a new position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) during the fourth quarter, Holdings Channel reports. The fund bought 6,369 shares of the company’s stock, valued at approximately $476,000.

Other hedge funds also recently bought and sold shares of the company. True Link Financial Advisors LLC lifted its stake in Vanguard Intermediate-Term Bond ETF by 31.8% in the 3rd quarter. True Link Financial Advisors LLC now owns 3,707,227 shares of the company’s stock worth $290,535,000 after acquiring an additional 894,519 shares in the last quarter. EP Wealth Advisors LLC lifted its stake in shares of Vanguard Intermediate-Term Bond ETF by 38.5% in the third quarter. EP Wealth Advisors LLC now owns 3,037,989 shares of the company’s stock worth $238,087,000 after buying an additional 844,917 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in Vanguard Intermediate-Term Bond ETF by 59.0% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 1,610,345 shares of the company’s stock valued at $126,203,000 after buying an additional 597,770 shares during the last quarter. Sage Financial Management Group Inc. bought a new position in Vanguard Intermediate-Term Bond ETF in the 3rd quarter worth $43,848,000. Finally, BetterWealth LLC acquired a new position in Vanguard Intermediate-Term Bond ETF during the 4th quarter worth $29,666,000.

Vanguard Intermediate-Term Bond ETF Price Performance

NYSEARCA BIV opened at $75.12 on Friday. The stock has a 50-day simple moving average of $75.10 and a 200 day simple moving average of $76.33. Vanguard Intermediate-Term Bond ETF has a twelve month low of $72.95 and a twelve month high of $78.89.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were given a $0.2531 dividend. This is a boost from Vanguard Intermediate-Term Bond ETF’s previous dividend of $0.23. The ex-dividend date of this dividend was Monday, February 3rd.

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).