Vanguard Intermediate-Term Bond ETF $BIV Shares Purchased by Retirement Investment Advisors Inc.

Retirement Investment Advisors Inc. boosted its position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 3.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,679,792 shares of the company’s stock after purchasing an additional 49,497 shares during the period. Vanguard Intermediate-Term Bond ETF accounts for 10.9% of Retirement Investment Advisors Inc.’s investment portfolio, making the stock its 4th biggest holding. Retirement Investment Advisors Inc. owned 0.51% of Vanguard Intermediate-Term Bond ETF worth $131,175,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of BIV. Exchange Traded Concepts LLC lifted its stake in Vanguard Intermediate-Term Bond ETF by 198.7% in the 2nd quarter. Exchange Traded Concepts LLC now owns 129,168 shares of the company’s stock worth $9,990,000 after acquiring an additional 85,922 shares in the last quarter. Hurlow Wealth Management Group Inc. increased its holdings in shares of Vanguard Intermediate-Term Bond ETF by 23.6% in the 2nd quarter. Hurlow Wealth Management Group Inc. now owns 75,767 shares of the company’s stock valued at $5,860,000 after purchasing an additional 14,457 shares during the period. Spring Capital Management LLC lifted its position in shares of Vanguard Intermediate-Term Bond ETF by 0.9% in the second quarter. Spring Capital Management LLC now owns 16,370 shares of the company’s stock worth $1,266,000 after purchasing an additional 152 shares in the last quarter. Rockwood Wealth Management LLC purchased a new position in Vanguard Intermediate-Term Bond ETF during the second quarter valued at approximately $256,000. Finally, Pinnacle Bancorp Inc. increased its stake in Vanguard Intermediate-Term Bond ETF by 2.6% in the 2nd quarter. Pinnacle Bancorp Inc. now owns 6,886 shares of the company’s stock valued at $533,000 after buying an additional 173 shares during the period.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of NYSEARCA:BIV opened at $77.77 on Friday. The firm has a fifty day moving average of $78.08 and a two-hundred day moving average of $77.82. Vanguard Intermediate-Term Bond ETF has a 12-month low of $74.44 and a 12-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.