Genesis Private Wealth LLC Invests $5.30 Million in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Genesis Private Wealth LLC purchased 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 and Exchange Commission. The institutional investor purchased 70,872 shares of the company’s stock, valued at approximately $5,296,000. Vanguard Intermediate-Term Bond ETF accounts for approximately 2.9% of Genesis Private Wealth LLC’s investment portfolio, making the stock its 10th largest holding.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. AE Wealth Management LLC increased its stake in Vanguard Intermediate-Term Bond ETF by 15.8% during the 2nd quarter. AE Wealth Management LLC now owns 22,343 shares of the company’s stock valued at $1,673,000 after purchasing an additional 3,045 shares in the last quarter. Bank of Montreal Can lifted its holdings in Vanguard Intermediate-Term Bond ETF by 14.0% during the second quarter. Bank of Montreal Can now owns 544,952 shares of the company’s stock valued at $41,073,000 after purchasing an additional 66,777 shares in the last quarter. Semmax Financial Advisors Inc. lifted its holdings in Vanguard Intermediate-Term Bond ETF by 3.4% during the second quarter. Semmax Financial Advisors Inc. now owns 28,622 shares of the company’s stock valued at $2,217,000 after purchasing an additional 937 shares in the last quarter. Wescott Financial Advisory Group LLC lifted its holdings in Vanguard Intermediate-Term Bond ETF by 3.9% during the second quarter. Wescott Financial Advisory Group LLC now owns 143,779 shares of the company’s stock valued at $10,768,000 after purchasing an additional 5,392 shares in the last quarter. Finally, Drucker Wealth 3.0 LLC purchased a new position in Vanguard Intermediate-Term Bond ETF during the second quarter valued at $1,129,000.

Vanguard Intermediate-Term Bond ETF Price Performance

NYSEARCA:BIV opened at $74.95 on Wednesday. The company’s 50-day moving average price is $75.23 and its 200-day moving average price is $76.39. Vanguard Intermediate-Term Bond ETF has a twelve month low of $72.95 and a twelve month high of $78.89.

Vanguard Intermediate-Term Bond ETF Company 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).