Parallel Advisors LLC Purchases 1,812 Shares of Vanguard Intermediate-Term Bond ETF (BIV)

Parallel Advisors LLC raised its position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 87.4% during the third quarter, HoldingsChannel reports. The firm owned 3,885 shares of the company’s stock after buying an additional 1,812 shares during the quarter. Parallel Advisors LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $313,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Truvestments Capital LLC purchased a new position in Vanguard Intermediate-Term Bond ETF in the third quarter valued at about $100,000. New Capital Management LP purchased a new position in Vanguard Intermediate-Term Bond ETF in the second quarter valued at about $113,000. Providence Capital Advisors LLC purchased a new position in Vanguard Intermediate-Term Bond ETF in the second quarter valued at about $117,000. BlackRock Inc. grew its stake in Vanguard Intermediate-Term Bond ETF by 276.5% in the second quarter. BlackRock Inc. now owns 1,536 shares of the company’s stock valued at $124,000 after purchasing an additional 1,128 shares in the last quarter. Finally, Patton Albertson Miller Group LLC purchased a new position in Vanguard Intermediate-Term Bond ETF in the third quarter valued at about $132,000.

Shares of NYSEARCA BIV opened at $79.46 on Monday. Vanguard Intermediate-Term Bond ETF has a one year low of $79.42 and a one year high of $84.59.

The business also recently declared a monthly dividend, which will be paid on Tuesday, November 6th. Stockholders of record on Friday, November 2nd will be paid a dividend of $0.2013 per share. This represents a $2.42 annualized dividend and a dividend yield of 3.04%. The ex-dividend date is Thursday, November 1st. This is an increase from Vanguard Intermediate-Term Bond ETF’s previous monthly dividend of $0.20.

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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Want to see what other hedge funds are holding BIV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV).

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

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