Northwestern Mutual Wealth Management Co. Has $20.59 Million Stake in Vanguard Intermediate-Term Bond ETF (BIV)

Northwestern Mutual Wealth Management Co. raised its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 8.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 245,565 shares of the company’s stock after acquiring an additional 18,718 shares during the quarter. Northwestern Mutual Wealth Management Co. owned about 0.13% of Vanguard Intermediate-Term Bond ETF worth $20,586,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Appleton Partners Inc. MA acquired a new stake in Vanguard Intermediate-Term Bond ETF in the fourth quarter worth $204,000. Spearhead Capital Advisors LLC acquired a new stake in Vanguard Intermediate-Term Bond ETF in the fourth quarter worth $212,000. Koshinski Asset Management Inc. acquired a new stake in Vanguard Intermediate-Term Bond ETF in the fourth quarter worth $231,000. Fulcrum Capital LLC acquired a new stake in Vanguard Intermediate-Term Bond ETF in the fourth quarter worth $233,000. Finally, ELM Advisors LLC acquired a new stake in Vanguard Intermediate-Term Bond ETF in the fourth quarter worth $288,000.

Shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA BIV) traded up $0.14 during mid-day trading on Thursday, reaching $81.38. 118,060 shares of the company’s stock traded hands, compared to its average volume of 944,083. Vanguard Intermediate-Term Bond ETF has a 12-month low of $81.21 and a 12-month high of $85.85.

The business also recently announced a monthly dividend, which was paid on Tuesday, February 6th. Investors of record on Friday, February 2nd were issued a dividend of $0.1874 per share. This is an increase from Vanguard Intermediate-Term Bond ETF’s previous monthly dividend of $0.18. The ex-dividend date of this dividend was Thursday, February 1st. This represents a $2.25 annualized dividend and a dividend yield of 2.76%.

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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).

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

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