Hilltop Holdings Inc. Takes $689,000 Position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Hilltop Holdings Inc. purchased a new position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 8,791 shares of the company’s stock, valued at approximately $689,000.

Several other institutional investors also recently bought and sold shares of the company. FAS Wealth Partners Inc. bought a new stake in shares of Vanguard Intermediate-Term Bond ETF in the 2nd quarter worth $28,000. Blue Trust Inc. increased its holdings 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 buying an additional 189 shares in the last quarter. Coastline Trust Co purchased a new position in Vanguard Intermediate-Term Bond ETF in the 3rd quarter worth about $32,000. Financial Connections Group Inc. bought a new position in Vanguard Intermediate-Term Bond ETF during the 2nd quarter valued at about $38,000. Finally, Armstrong Advisory Group Inc. boosted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 504.0% during 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 last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

BIV opened at $76.36 on Friday. The firm has a 50 day moving average price of $76.36 and a 200-day moving average price of $76.33. 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 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).