Vanguard Intermediate-Term Bond ETF $BIV Stake Increased by FPC Investment Advisory Inc.

FPC Investment Advisory Inc. lifted its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 8.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 351,929 shares of the company’s stock after buying an additional 25,975 shares during the quarter. Vanguard Intermediate-Term Bond ETF accounts for 15.0% of FPC Investment Advisory Inc.’s portfolio, making the stock its 3rd biggest holding. FPC Investment Advisory Inc. owned 0.10% of Vanguard Intermediate-Term Bond ETF worth $27,408,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Clarity Wealth Advisors LLC boosted its stake in shares of Vanguard Intermediate-Term Bond ETF by 18.4% in the fourth quarter. Clarity Wealth Advisors LLC now owns 135,024 shares of the company’s stock valued at $10,516,000 after buying an additional 21,013 shares in the last quarter. Covenant Asset Management LLC purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF in the fourth quarter valued at approximately $1,177,000. Fonville Wealth Management LLC boosted its stake in shares of Vanguard Intermediate-Term Bond ETF by 34.8% in the fourth quarter. Fonville Wealth Management LLC now owns 177,008 shares of the company’s stock valued at $13,785,000 after buying an additional 45,702 shares in the last quarter. Betterment LLC boosted its stake in shares of Vanguard Intermediate-Term Bond ETF by 7.2% in the third quarter. Betterment LLC now owns 282,041 shares of the company’s stock valued at $22,025,000 after buying an additional 19,017 shares in the last quarter. Finally, Asset Allocation & Management Company LLC purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF in the fourth quarter valued at approximately $1,150,000.

Vanguard Intermediate-Term Bond ETF Stock Performance

Vanguard Intermediate-Term Bond ETF stock opened at $76.62 on Thursday. The stock’s 50 day moving average price is $76.94 and its 200 day moving average price is $77.67. Vanguard Intermediate-Term Bond ETF has a 1-year low of $75.63 and a 1-year high of $79.08.

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.