First Horizon Corp Purchases Shares of 18,837 Vanguard Intermediate-Term Bond ETF $BIV

First Horizon Corp acquired a new position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 18,837 shares of the company’s stock, valued at approximately $1,471,000.

Several other institutional investors have also added to or reduced their stakes in BIV. Evolution Wealth Management Inc. acquired a new position in shares of Vanguard Intermediate-Term Bond ETF in the 2nd quarter worth approximately $26,000. Blue Trust Inc. raised 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 last quarter. First Community Trust NA acquired a new position in Vanguard Intermediate-Term Bond ETF in the third quarter valued at $30,000. ORG Partners LLC boosted its position in 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 during the last quarter. Finally, Alpine Bank Wealth Management bought a new stake in Vanguard Intermediate-Term Bond ETF during the third quarter valued at $33,000.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of NYSEARCA:BIV opened at $77.89 on Tuesday. The business’s 50-day moving average is $78.08 and its 200-day moving average is $77.81. Vanguard Intermediate-Term Bond ETF has a 1 year low of $73.72 and a 1 year 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.