Fifth Third Securities Inc. Raises Position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Fifth Third Securities Inc. grew its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 34.1% in the 4th quarter, Holdings Channel.com reports. The firm owned 72,574 shares of the company’s stock after purchasing an additional 18,462 shares during the period. Fifth Third Securities Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $5,424,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Blue Trust Inc. increased its position in Vanguard Intermediate-Term Bond ETF by 88.7% during the third quarter. Blue Trust Inc. now owns 402 shares of the company’s stock valued at $30,000 after acquiring an additional 189 shares during the last quarter. Coastline Trust Co purchased a new position in shares of Vanguard Intermediate-Term Bond ETF during the 3rd quarter worth about $32,000. Armstrong Advisory Group Inc. grew its holdings in 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 purchasing an additional 509 shares during the last quarter. Cedar Mountain Advisors LLC raised its position in Vanguard Intermediate-Term Bond ETF by 3,887.5% in the 4th quarter. Cedar Mountain Advisors LLC now owns 957 shares of the company’s stock worth $72,000 after purchasing an additional 933 shares during the period. Finally, Sugarloaf Wealth Management LLC lifted its stake in Vanguard Intermediate-Term Bond ETF by 35.3% in the third quarter. Sugarloaf Wealth Management LLC now owns 1,031 shares of the company’s stock worth $81,000 after purchasing an additional 269 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of NYSEARCA:BIV opened at $75.28 on Friday. The business has a 50 day simple moving average of $75.18 and a two-hundred day simple moving average of $76.35. Vanguard Intermediate-Term Bond ETF has a 1 year low of $72.95 and a 1 year 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).