Global Wealth Management Investment Advisory Inc. Buys 4,720 Shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Global Wealth Management Investment Advisory Inc. increased its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 30.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 20,060 shares of the company’s stock after purchasing an additional 4,720 shares during the quarter. Global Wealth Management Investment Advisory Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $1,572,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Salomon & Ludwin LLC purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF in the first quarter valued at $25,000. FAS Wealth Partners Inc. bought a new position in Vanguard Intermediate-Term Bond ETF during the 2nd quarter valued at about $28,000. Blue Trust Inc. raised its position in Vanguard Intermediate-Term Bond ETF by 88.7% in the 3rd quarter. Blue Trust Inc. now owns 402 shares of the company’s stock worth $30,000 after purchasing an additional 189 shares during the period. Financial Connections Group Inc. purchased a new stake in Vanguard Intermediate-Term Bond ETF in the 2nd quarter worth about $38,000. Finally, Armstrong Advisory Group Inc. lifted its stake in Vanguard Intermediate-Term Bond ETF by 504.0% in the third quarter. Armstrong Advisory Group Inc. now owns 610 shares of the company’s stock worth $48,000 after purchasing an additional 509 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Down 0.1 %

Shares of NYSEARCA:BIV traded down $0.06 during trading hours on Tuesday, hitting $75.65. 87,918 shares of the company’s stock traded hands, compared to its average volume of 1,105,947. The business has a fifty day moving average price of $77.51 and a 200-day moving average price of $76.06. Vanguard Intermediate-Term Bond ETF has a 1 year low of $71.91 and a 1 year high of $78.89.

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).