Cambridge Investment Research Advisors Inc. Raises Stake in Vanguard Intermediate-Term Bond ETF (BIV)

Cambridge Investment Research Advisors Inc. lifted its holdings in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 13.2% during the 1st quarter, HoldingsChannel reports. The firm owned 730,504 shares of the company’s stock after buying an additional 85,459 shares during the period. Vanguard Intermediate-Term Bond ETF makes up about 0.7% of Cambridge Investment Research Advisors Inc.’s holdings, making the stock its 20th biggest position. Cambridge Investment Research Advisors Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $59,733,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Envestnet Asset Management Inc. lifted its position in shares of Vanguard Intermediate-Term Bond ETF by 6.2% during the fourth quarter. Envestnet Asset Management Inc. now owns 5,241,313 shares of the company’s stock worth $439,380,000 after purchasing an additional 308,277 shares in the last quarter. Financial Advocates Investment Management acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF during the fourth quarter worth about $1,160,000. Ballentine Partners LLC lifted its position in shares of Vanguard Intermediate-Term Bond ETF by 17.9% during the fourth quarter. Ballentine Partners LLC now owns 27,359 shares of the company’s stock worth $2,294,000 after purchasing an additional 4,149 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in Vanguard Intermediate-Term Bond ETF by 19.5% in the fourth quarter. Bank of New York Mellon Corp now owns 440,725 shares of the company’s stock valued at $36,945,000 after acquiring an additional 71,917 shares in the last quarter. Finally, AE Wealth Management LLC acquired a new stake in Vanguard Intermediate-Term Bond ETF in the fourth quarter valued at approximately $392,000.

Shares of NYSEARCA:BIV opened at $79.95 on Friday. Vanguard Intermediate-Term Bond ETF has a fifty-two week low of $79.97 and a fifty-two week high of $80.07.

The company also recently announced a monthly dividend, which was paid on Friday, May 4th. Investors of record on Wednesday, May 2nd were issued a $0.1895 dividend. The ex-dividend date was Tuesday, May 1st. This represents a $2.27 annualized dividend and a yield of 2.84%.

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).

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Institutional Ownership by Quarter for Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

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