Meridian Wealth Management LLC Buys New Shares in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Meridian Wealth Management LLC bought a new stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 22,985 shares of the company’s stock, valued at approximately $1,801,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. FAS Wealth Partners Inc. purchased a new stake in Vanguard Intermediate-Term Bond ETF during the 2nd quarter worth about $28,000. Blue Trust Inc. lifted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 88.7% in the 3rd quarter. Blue Trust Inc. now owns 402 shares of the company’s stock valued at $30,000 after purchasing an additional 189 shares during the last quarter. Coastline Trust Co acquired a new position in Vanguard Intermediate-Term Bond ETF in the 3rd quarter valued at about $32,000. Financial Connections Group Inc. acquired a new position in Vanguard Intermediate-Term Bond ETF in the 2nd quarter valued at about $38,000. Finally, Armstrong Advisory Group Inc. increased its position in Vanguard Intermediate-Term Bond ETF by 504.0% in the 3rd quarter. Armstrong Advisory Group Inc. now owns 610 shares of the company’s stock valued at $48,000 after acquiring an additional 509 shares during the period.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of BIV stock opened at $75.41 on Friday. The stock’s 50-day moving average price is $76.84 and its 200 day moving average price is $76.20. Vanguard Intermediate-Term Bond ETF has a 52-week low of $72.95 and a 52-week high of $78.89.

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).