Vanguard Intermediate-Term Bond ETF $BIV Shares Purchased by GAMMA Investing LLC

GAMMA Investing LLC raised its holdings in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 12.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 298,924 shares of the company’s stock after purchasing an additional 32,907 shares during the period. Vanguard Intermediate-Term Bond ETF comprises about 0.9% of GAMMA Investing LLC’s portfolio, making the stock its 18th largest holding. GAMMA Investing LLC owned approximately 0.08% of Vanguard Intermediate-Term Bond ETF worth $22,927,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Johnson Financial Group Inc. bought a new position in shares of Vanguard Intermediate-Term Bond ETF in the 1st quarter worth about $28,000. Kelleher Financial Advisors acquired a new position in shares of Vanguard Intermediate-Term Bond ETF in the 3rd quarter valued at about $30,000. Texas Capital Bancshares Inc TX bought a new stake in shares of Vanguard Intermediate-Term Bond ETF during the 3rd quarter valued at about $31,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of Vanguard Intermediate-Term Bond ETF during the 4th quarter valued at about $31,000. Finally, Darwin Wealth Management LLC acquired a new stake in Vanguard Intermediate-Term Bond ETF during the first quarter worth about $36,000.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of NYSEARCA BIV opened at $75.74 on Wednesday. The firm’s 50-day moving average price is $76.21 and its two-hundred day moving average price is $77.02. Vanguard Intermediate-Term Bond ETF has a 52-week low of $75.31 and a 52-week high of $79.08.

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.