Bank Hapoalim BM Makes New Investment in Vanguard Intermediate-Term Bond ETF $BIV

Bank Hapoalim BM bought a new position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 129,000 shares of the company’s stock, valued at approximately $10,073,000. Vanguard Intermediate-Term Bond ETF accounts for 1.2% of Bank Hapoalim BM’s holdings, making the stock its 24th biggest holding.

Other hedge funds have also recently added to or reduced their stakes in the company. Evolution Wealth Management Inc. purchased a new position in shares of Vanguard Intermediate-Term Bond ETF during the 2nd quarter worth about $26,000. Blue Trust Inc. raised its stake in Vanguard Intermediate-Term Bond ETF by 85.5% during the third quarter. Blue Trust Inc. now owns 371 shares of the company’s stock worth $29,000 after purchasing an additional 171 shares during the period. First Community Trust NA acquired a new position in shares of Vanguard Intermediate-Term Bond ETF in the 3rd quarter valued at $30,000. ORG Partners LLC boosted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 177.8% in the 2nd quarter. ORG Partners LLC now owns 400 shares of the company’s stock valued at $31,000 after purchasing an additional 256 shares during the last quarter. Finally, Alpine Bank Wealth Management purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF during the 3rd quarter valued at $33,000.

Vanguard Intermediate-Term Bond ETF Stock Down 0.2%

Shares of BIV opened at $77.77 on Friday. Vanguard Intermediate-Term Bond ETF has a twelve month low of $74.44 and a twelve month high of $78.91. The stock’s fifty day simple moving average is $78.08 and its 200 day simple moving average is $77.83.

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.