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

Gemmer Asset Management LLC grew its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 5.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 143,355 shares of the company’s stock after buying an additional 7,840 shares during the quarter. Vanguard Intermediate-Term Bond ETF accounts for 0.9% of Gemmer Asset Management LLC’s investment portfolio, making the stock its 28th largest position. Gemmer Asset Management LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $11,195,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in BIV. Sagace Wealth Management LLC increased its holdings in Vanguard Intermediate-Term Bond ETF by 93.7% in the 3rd quarter. Sagace Wealth Management LLC now owns 81,547 shares of the company’s stock worth $6,368,000 after acquiring an additional 39,443 shares in the last quarter. World Investment Advisors increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 3.2% during the third quarter. World Investment Advisors now owns 576,359 shares of the company’s stock worth $45,008,000 after purchasing an additional 18,010 shares in the last quarter. Brookstone Capital Management raised its position in shares of Vanguard Intermediate-Term Bond ETF by 8.9% during the 3rd quarter. Brookstone Capital Management now owns 161,201 shares of the company’s stock worth $12,588,000 after purchasing an additional 13,109 shares during the last quarter. Private Trust Co. NA raised its position in shares of Vanguard Intermediate-Term Bond ETF by 39.6% during the 3rd quarter. Private Trust Co. NA now owns 15,108 shares of the company’s stock worth $1,180,000 after purchasing an additional 4,284 shares during the last quarter. Finally, Level Financial Advisors lifted its stake in Vanguard Intermediate-Term Bond ETF by 13.9% in the 3rd quarter. Level Financial Advisors now owns 26,311 shares of the company’s stock valued at $2,055,000 after buying an additional 3,215 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Trading Up 0.2%

BIV stock opened at $77.95 on Thursday. Vanguard Intermediate-Term Bond ETF has a 12-month low of $73.72 and a 12-month high of $78.91. The business’s 50-day moving average is $78.24 and its 200 day moving average is $77.66.

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.