Clark Asset Management LLC Raises Stock Holdings in Vanguard Intermediate-Term Bond ETF $BIV

Clark Asset Management LLC grew its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 13.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 233,197 shares of the company’s stock after buying an additional 27,159 shares during the quarter. Vanguard Intermediate-Term Bond ETF makes up 1.9% of Clark Asset Management LLC’s portfolio, making the stock its 13th biggest holding. Clark Asset Management LLC owned 0.07% of Vanguard Intermediate-Term Bond ETF worth $18,161,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. First Horizon Corp purchased a new stake in Vanguard Intermediate-Term Bond ETF in the third quarter worth about $1,471,000. Clarity Wealth Advisors LLC increased its position in Vanguard Intermediate-Term Bond ETF by 18.2% in the third quarter. Clarity Wealth Advisors LLC now owns 114,011 shares of the company’s stock worth $8,903,000 after buying an additional 17,562 shares in the last quarter. First Merchants Corp increased its position in Vanguard Intermediate-Term Bond ETF by 3.3% in the third quarter. First Merchants Corp now owns 289,280 shares of the company’s stock worth $22,590,000 after buying an additional 9,107 shares in the last quarter. Benjamin Edwards Inc. increased its position in Vanguard Intermediate-Term Bond ETF by 112.9% in the third quarter. Benjamin Edwards Inc. now owns 19,984 shares of the company’s stock worth $1,562,000 after buying an additional 10,596 shares in the last quarter. Finally, Betterment LLC increased its position in Vanguard Intermediate-Term Bond ETF by 7.2% in the third quarter. Betterment LLC now owns 282,041 shares of the company’s stock worth $22,025,000 after buying an additional 19,017 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

NYSEARCA:BIV opened at $77.65 on Monday. Vanguard Intermediate-Term Bond ETF has a 12-month low of $75.28 and a 12-month high of $79.08. The stock has a 50-day moving average price of $77.71 and a 200 day moving average price of $77.96.

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.