Vanguard Intermediate-Term Bond ETF $BIV is Bay Capital Advisors LLC’s 7th Largest Position

Bay Capital Advisors LLC increased its holdings in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 30.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 89,113 shares of the company’s stock after purchasing an additional 20,871 shares during the period. Vanguard Intermediate-Term Bond ETF accounts for 4.2% of Bay Capital Advisors LLC’s investment portfolio, making the stock its 7th largest holding. Bay Capital Advisors LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $6,878,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Kelleher Financial Advisors purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF in the third quarter valued at about $30,000. Texas Capital Bancshares Inc TX acquired a new position in shares of Vanguard Intermediate-Term Bond ETF during the 3rd quarter worth $31,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF in the fourth quarter valued at about $31,000. N.E.W. Advisory Services LLC grew its holdings in Vanguard Intermediate-Term Bond ETF by 96.1% during the 4th quarter. N.E.W. Advisory Services LLC now owns 500 shares of the company’s stock valued at $39,000 after buying an additional 245 shares during the last quarter. Finally, Laurel Wealth Advisors LLC purchased a new stake in Vanguard Intermediate-Term Bond ETF during the 4th quarter worth about $41,000.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of BIV opened at $76.99 on Monday. The company’s 50 day simple moving average is $76.67 and its 200 day simple moving average is $77.40. Vanguard Intermediate-Term Bond ETF has a 1 year low of $75.63 and a 1 year high of $79.08.

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.