Brindle & Bay Financial Advisors LLC Makes New Investment in Vanguard Intermediate-Term Bond ETF $BIV

Brindle & Bay Financial Advisors LLC acquired a new position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 47,741 shares of the company’s stock, valued at approximately $3,718,000. Vanguard Intermediate-Term Bond ETF accounts for about 2.5% of Brindle & Bay Financial Advisors LLC’s holdings, making the stock its 11th biggest holding.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Blue Trust Inc. boosted 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 buying an additional 171 shares during the period. Kelleher Financial Advisors purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF during the third quarter valued at $30,000. Texas Capital Bancshares Inc TX purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF during the third quarter valued at $31,000. Alpine Bank Wealth Management purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF during the third quarter valued at $33,000. Finally, N.E.W. Advisory Services LLC boosted its stake in shares of Vanguard Intermediate-Term Bond ETF by 96.1% during the fourth quarter. N.E.W. Advisory Services LLC now owns 500 shares of the company’s stock valued at $39,000 after purchasing an additional 245 shares during the period.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of BIV opened at $77.42 on Friday. Vanguard Intermediate-Term Bond ETF has a 12-month low of $75.28 and a 12-month high of $79.08. The firm has a fifty day moving average price of $77.63 and a 200-day moving average price of $77.94.

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.