Hershey Financial Advisers LLC Takes $1.65 Million Position in Vanguard Intermediate-Term Bond ETF $BIV

Hershey Financial Advisers LLC purchased a new stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 21,291 shares of the company’s stock, valued at approximately $1,647,000. Vanguard Intermediate-Term Bond ETF comprises 1.5% of Hershey Financial Advisers LLC’s holdings, making the stock its 26th biggest holding.

Several other hedge funds have also modified their holdings of BIV. ORG Partners LLC lifted its holdings in Vanguard Intermediate-Term Bond ETF by 177.8% during the 2nd quarter. ORG Partners LLC now owns 400 shares of the company’s stock worth $31,000 after buying an additional 256 shares in the last quarter. CNB Bank acquired a new position in shares of Vanguard Intermediate-Term Bond ETF during the second quarter valued at $45,000. Trust Co. of Toledo NA OH bought a new position in Vanguard Intermediate-Term Bond ETF in the second quarter valued at about $70,000. Howe & Rusling Inc. raised its holdings in Vanguard Intermediate-Term Bond ETF by 74.6% during the 1st quarter. Howe & Rusling Inc. now owns 1,018 shares of the company’s stock worth $78,000 after purchasing an additional 435 shares during the last quarter. Finally, Legacy Investment Solutions LLC acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF during the 2nd quarter worth approximately $93,000.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of NYSEARCA BIV opened at $77.87 on Friday. The company’s 50 day simple moving average is $78.28 and its 200 day simple moving average is $77.56. Vanguard Intermediate-Term Bond ETF has a fifty-two week low of $73.72 and a fifty-two week high of $78.91.

Vanguard Intermediate-Term Bond ETF Company 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).