Bank of New York Mellon Corp Buys 72,156 Shares of Vanguard Intermediate-Term Bond ETF $BIV

Bank of New York Mellon Corp grew its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 5.4% during the fourth quarter, HoldingsChannel reports. The firm owned 1,398,337 shares of the company’s stock after buying an additional 72,156 shares during the quarter. Bank of New York Mellon Corp’s holdings in Vanguard Intermediate-Term Bond ETF were worth $108,903,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Clarity Wealth Advisors LLC lifted its holdings in 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 worth $10,516,000 after buying an additional 21,013 shares during the period. Covenant Asset Management LLC purchased a new position in shares of Vanguard Intermediate-Term Bond ETF during the 4th quarter worth approximately $1,177,000. Fonville Wealth Management LLC raised its position in shares of Vanguard Intermediate-Term Bond ETF by 34.8% in the 4th quarter. Fonville Wealth Management LLC now owns 177,008 shares of the company’s stock worth $13,785,000 after acquiring an additional 45,702 shares in the last quarter. Betterment LLC raised its position in shares of Vanguard Intermediate-Term Bond ETF by 7.2% in the 3rd quarter. Betterment LLC now owns 282,041 shares of the company’s stock worth $22,025,000 after acquiring an additional 19,017 shares in the last quarter. Finally, Asset Allocation & Management Company LLC purchased a new position in shares of Vanguard Intermediate-Term Bond ETF in the 4th quarter valued at approximately $1,150,000.

Vanguard Intermediate-Term Bond ETF Stock Performance

NYSEARCA BIV opened at $76.05 on Monday. Vanguard Intermediate-Term Bond ETF has a twelve month low of $75.63 and a twelve month high of $79.08. The stock’s 50 day moving average is $76.85 and its 200 day moving average is $77.60.

Vanguard Intermediate-Term Bond ETF Company 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.