Five Pine Wealth Management Purchases 10,220 Shares of Vanguard Intermediate-Term Bond ETF $BIV

Five Pine Wealth Management boosted its position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 80.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 22,972 shares of the company’s stock after buying an additional 10,220 shares during the quarter. Vanguard Intermediate-Term Bond ETF makes up about 1.1% of Five Pine Wealth Management’s holdings, making the stock its 18th biggest position. Five Pine Wealth Management’s holdings in Vanguard Intermediate-Term Bond ETF were worth $1,773,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Covenant Asset Management LLC bought a new stake in Vanguard Intermediate-Term Bond ETF during the 4th quarter valued at approximately $1,177,000. Clarity Wealth Advisors LLC increased its position in Vanguard Intermediate-Term Bond ETF by 18.4% in the 4th 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. Fonville Wealth Management LLC increased its position in 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 buying an additional 45,702 shares during the period. Betterment LLC lifted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 7.2% during the third quarter. Betterment LLC now owns 282,041 shares of the company’s stock worth $22,025,000 after buying an additional 19,017 shares during the last quarter. Finally, Asset Allocation & Management Company LLC acquired a new position in shares of Vanguard Intermediate-Term Bond ETF during the fourth quarter worth approximately $1,150,000.

Vanguard Intermediate-Term Bond ETF Price Performance

BIV opened at $76.34 on Tuesday. The business has a 50 day moving average of $76.72 and a 200-day moving average of $77.44. 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.