City State Bank Has $13.32 Million Stake in Vanguard Intermediate-Term Bond ETF $BIV

City State Bank increased its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 9.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 170,535 shares of the company’s stock after purchasing an additional 14,284 shares during the period. Vanguard Intermediate-Term Bond ETF makes up approximately 3.8% of City State Bank’s portfolio, making the stock its 2nd biggest holding. City State Bank owned approximately 0.05% of Vanguard Intermediate-Term Bond ETF worth $13,317,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Beacon Capital Management Inc. grew its stake in Vanguard Intermediate-Term Bond ETF by 624.3% in the 1st quarter. Beacon Capital Management Inc. now owns 6,022,945 shares of the company’s stock worth $456,660,000 after buying an additional 5,191,374 shares in the last quarter. American Trust bought a new stake in shares of Vanguard Intermediate-Term Bond ETF during the 2nd quarter worth $82,058,000. Wit LLC grew its position in Vanguard Intermediate-Term Bond ETF by 117,987.6% in the first quarter. Wit LLC now owns 839,603 shares of the company’s stock worth $68,621,000 after acquiring an additional 838,892 shares in the last quarter. EP Wealth Advisors LLC increased its stake in Vanguard Intermediate-Term Bond ETF by 17.9% in the first quarter. EP Wealth Advisors LLC now owns 5,394,520 shares of the company’s stock valued at $413,058,000 after acquiring an additional 819,212 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in Vanguard Intermediate-Term Bond ETF by 2.6% in the second quarter. Envestnet Asset Management Inc. now owns 18,569,598 shares of the company’s stock valued at $1,436,171,000 after acquiring an additional 477,188 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

NYSEARCA BIV opened at $78.05 on Friday. The stock’s 50-day simple moving average is $78.22 and its two-hundred day simple moving average is $77.68. Vanguard Intermediate-Term Bond ETF has a twelve month low of $73.72 and a twelve month high of $78.91.

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.