Farmers & Merchants Trust Co of Chambersburg PA Raises Holdings in Vanguard Intermediate-Term Bond ETF $BIV

Farmers & Merchants Trust Co of Chambersburg PA boosted its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 7.9% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 492,315 shares of the company’s stock after purchasing an additional 35,975 shares during the quarter. Vanguard Intermediate-Term Bond ETF comprises approximately 10.3% of Farmers & Merchants Trust Co of Chambersburg PA’s investment portfolio, making the stock its largest holding. Farmers & Merchants Trust Co of Chambersburg PA owned about 0.13% of Vanguard Intermediate-Term Bond ETF worth $37,997,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. CRA Financial Services LLC lifted its position in Vanguard Intermediate-Term Bond ETF by 3.8% in the 4th quarter. CRA Financial Services LLC now owns 3,530 shares of the company’s stock valued at $275,000 after acquiring an additional 130 shares in the last quarter. Raleigh Capital Management Inc. boosted its stake in Vanguard Intermediate-Term Bond ETF by 6.1% during the 1st quarter. Raleigh Capital Management Inc. now owns 2,294 shares of the company’s stock valued at $177,000 after purchasing an additional 132 shares during the last quarter. World Equity Group Inc. increased its holdings in Vanguard Intermediate-Term Bond ETF by 3.7% during the 4th quarter. World Equity Group Inc. now owns 3,853 shares of the company’s stock worth $300,000 after purchasing an additional 138 shares in the last quarter. Tcfg Wealth Management LLC increased its holdings in Vanguard Intermediate-Term Bond ETF by 4.2% during the 1st quarter. Tcfg Wealth Management LLC now owns 3,506 shares of the company’s stock worth $271,000 after purchasing an additional 141 shares in the last quarter. Finally, Oarsman Capital Inc. raised its stake in shares of Vanguard Intermediate-Term Bond ETF by 5.2% in the third quarter. Oarsman Capital Inc. now owns 2,903 shares of the company’s stock worth $227,000 after purchasing an additional 143 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

BIV stock opened at $75.96 on Thursday. 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 $76.51 and its 200-day moving average is $77.31.

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.