DAVENPORT & Co LLC Raises Position in Vanguard Intermediate-Term Bond ETF $BIV

DAVENPORT & Co LLC raised its position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 4.8% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 157,152 shares of the company’s stock after acquiring an additional 7,234 shares during the quarter. DAVENPORT & Co LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $12,272,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in BIV. IFG Advisory LLC lifted its position in Vanguard Intermediate-Term Bond ETF by 3.2% during the second quarter. IFG Advisory LLC now owns 4,183 shares of the company’s stock valued at $324,000 after buying an additional 130 shares during the period. United Advisor Group LLC increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 5.0% in the 2nd quarter. United Advisor Group LLC now owns 2,747 shares of the company’s stock worth $212,000 after acquiring an additional 131 shares in the last quarter. Partners in Financial Planning increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 0.7% in the 2nd quarter. Partners in Financial Planning now owns 17,947 shares of the company’s stock worth $1,388,000 after acquiring an additional 133 shares in the last quarter. First Citizens Financial Corp lifted its position in Vanguard Intermediate-Term Bond ETF by 1.6% during the 2nd quarter. First Citizens Financial Corp now owns 8,386 shares of the company’s stock valued at $649,000 after acquiring an additional 136 shares during the period. Finally, AE Wealth Management LLC boosted its stake in Vanguard Intermediate-Term Bond ETF by 0.6% during the second quarter. AE Wealth Management LLC now owns 25,890 shares of the company’s stock worth $2,002,000 after acquiring an additional 148 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of BIV opened at $77.95 on Thursday. Vanguard Intermediate-Term Bond ETF has a fifty-two week low of $73.72 and a fifty-two week high of $78.91. The firm’s 50-day simple moving average is $78.24 and its two-hundred day simple moving average is $77.66.

About Vanguard Intermediate-Term Bond ETF

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.