Covenant Asset Management LLC purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 15,113 shares of the company’s stock, valued at approximately $1,177,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of BIV. Wealthfront Advisers LLC increased its holdings in Vanguard Intermediate-Term Bond ETF by 12.5% in the 4th quarter. Wealthfront Advisers LLC now owns 393,184 shares of the company’s stock worth $30,621,000 after acquiring an additional 43,564 shares in the last quarter. M&T Bank Corp lifted its holdings in Vanguard Intermediate-Term Bond ETF by 18.7% during the fourth quarter. M&T Bank Corp now owns 192,057 shares of the company’s stock valued at $14,957,000 after purchasing an additional 30,269 shares in the last quarter. Comerica Bank boosted its position in shares of Vanguard Intermediate-Term Bond ETF by 2.6% in the fourth quarter. Comerica Bank now owns 1,364,610 shares of the company’s stock worth $106,276,000 after purchasing an additional 33,975 shares during the period. Ashton Thomas Private Wealth LLC boosted its position in shares of Vanguard Intermediate-Term Bond ETF by 13.8% in the fourth quarter. Ashton Thomas Private Wealth LLC now owns 212,214 shares of the company’s stock worth $16,527,000 after purchasing an additional 25,682 shares during the period. Finally, New Hampshire Trust boosted its position in shares of Vanguard Intermediate-Term Bond ETF by 71.0% in the fourth quarter. New Hampshire Trust now owns 78,840 shares of the company’s stock worth $6,140,000 after purchasing an additional 32,744 shares during the period.
Vanguard Intermediate-Term Bond ETF Stock Performance
Shares of BIV stock opened at $77.22 on Wednesday. Vanguard Intermediate-Term Bond ETF has a one year low of $75.28 and a one year high of $79.08. The company’s fifty day moving average price is $77.58 and its 200-day moving average price is $77.93.
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). The Index includes all medium and larger issues of the United States Government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities between 5 and 10 years and are publicly issued.
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