DAVENPORT & Co LLC Boosts Holdings in Vanguard Intermediate-Term Bond ETF $BIV

DAVENPORT & Co LLC increased its position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 4.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 157,152 shares of the company’s stock after purchasing an additional 7,234 shares during the period. DAVENPORT & Co LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $12,272,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of BIV. Evolution Wealth Management Inc. purchased a new position in Vanguard Intermediate-Term Bond ETF in the second quarter worth about $26,000. First Community Trust NA bought a new stake in shares of Vanguard Intermediate-Term Bond ETF during the third quarter valued at approximately $30,000. ORG Partners LLC increased its position in shares of Vanguard Intermediate-Term Bond ETF by 177.8% during the second quarter. ORG Partners LLC now owns 400 shares of the company’s stock valued at $31,000 after acquiring an additional 256 shares in the last quarter. CNB Bank purchased a new position in Vanguard Intermediate-Term Bond ETF in the 2nd quarter worth approximately $45,000. Finally, Trust Co. of Toledo NA OH bought a new position in Vanguard Intermediate-Term Bond ETF in the 2nd quarter valued at approximately $70,000.

Vanguard Intermediate-Term Bond ETF Trading Up 0.2%

Shares of BIV opened at $77.95 on Thursday. The business’s fifty day simple moving average is $78.24 and its two-hundred day simple moving average is $77.66. Vanguard Intermediate-Term Bond ETF has a 12 month low of $73.72 and a 12 month high of $78.91.

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.