Austin Asset Management Co Inc Has $11.06 Million Position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Austin Asset Management Co Inc increased its holdings in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 7.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 147,931 shares of the company’s stock after purchasing an additional 9,761 shares during the quarter. Vanguard Intermediate-Term Bond ETF makes up 2.3% of Austin Asset Management Co Inc’s portfolio, making the stock its 10th biggest holding. Austin Asset Management Co Inc owned approximately 0.06% of Vanguard Intermediate-Term Bond ETF worth $11,055,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in BIV. Grimes & Company Inc. boosted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 3.4% in the 3rd quarter. Grimes & Company Inc. now owns 4,366 shares of the company’s stock valued at $342,000 after buying an additional 142 shares in the last quarter. Redwood Investment Management LLC lifted its position in Vanguard Intermediate-Term Bond ETF by 3.1% during the third quarter. Redwood Investment Management LLC now owns 4,912 shares of the company’s stock valued at $385,000 after acquiring an additional 146 shares during the last quarter. TSA Wealth Managment LLC boosted its stake in Vanguard Intermediate-Term Bond ETF by 1.7% in the third quarter. TSA Wealth Managment LLC now owns 8,693 shares of the company’s stock valued at $681,000 after acquiring an additional 147 shares in the last quarter. Barrett & Company Inc. grew its holdings in Vanguard Intermediate-Term Bond ETF by 2.4% in the third quarter. Barrett & Company Inc. now owns 6,581 shares of the company’s stock worth $516,000 after purchasing an additional 153 shares during the last quarter. Finally, HF Advisory Group LLC increased its position in shares of Vanguard Intermediate-Term Bond ETF by 5.6% during the fourth quarter. HF Advisory Group LLC now owns 2,976 shares of the company’s stock worth $222,000 after purchasing an additional 157 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Trading Down 0.3 %

Vanguard Intermediate-Term Bond ETF stock opened at $75.12 on Friday. The stock has a 50-day moving average of $75.10 and a two-hundred day moving average of $76.33. Vanguard Intermediate-Term Bond ETF has a one year low of $72.95 and a one year high of $78.89.

Vanguard Intermediate-Term Bond ETF Increases Dividend

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