Broadway Wealth Solutions Inc. Buys Shares of 5,618 Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Broadway Wealth Solutions Inc. bought a new position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 5,618 shares of the company’s stock, valued at approximately $420,000.

A number of other institutional investors and hedge funds have also modified their holdings of BIV. Physician Wealth Solutions Inc. increased its position in shares of Vanguard Intermediate-Term Bond ETF by 0.4% during the fourth quarter. Physician Wealth Solutions Inc. now owns 36,788 shares of the company’s stock valued at $2,749,000 after purchasing an additional 134 shares during the period. Redwood Investment Management LLC increased its holdings in Vanguard Intermediate-Term Bond ETF by 3.1% in the 3rd quarter. Redwood Investment Management LLC now owns 4,912 shares of the company’s stock valued at $385,000 after buying an additional 146 shares during the period. Ashton Thomas Securities LLC increased its holdings in Vanguard Intermediate-Term Bond ETF by 1.5% in the 4th quarter. Ashton Thomas Securities LLC now owns 9,996 shares of the company’s stock valued at $747,000 after buying an additional 152 shares during the period. HF Advisory Group LLC raised its stake in shares of Vanguard Intermediate-Term Bond ETF by 5.6% in the 4th quarter. HF Advisory Group LLC now owns 2,976 shares of the company’s stock valued at $222,000 after buying an additional 157 shares in the last quarter. Finally, Outlook Wealth Advisors LLC lifted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 1.5% during the 4th quarter. Outlook Wealth Advisors LLC now owns 10,831 shares of the company’s stock worth $809,000 after acquiring an additional 161 shares during the period.

Vanguard Intermediate-Term Bond ETF Price Performance

NYSEARCA BIV opened at $75.97 on Friday. Vanguard Intermediate-Term Bond ETF has a twelve month low of $72.95 and a twelve month high of $78.89. The company’s 50-day simple moving average is $75.60 and its 200 day simple moving average is $76.01.

Vanguard Intermediate-Term Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders 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 of this dividend was Monday, March 3rd.

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).