Fifth Third Bancorp Buys 1,369,725 Shares of Vanguard Intermediate-Term Bond ETF $BIV

Fifth Third Bancorp boosted its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 1,077.4% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,496,862 shares of the company’s stock after purchasing an additional 1,369,725 shares during the period. Fifth Third Bancorp owned 0.41% of Vanguard Intermediate-Term Bond ETF worth $115,528,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the stock. Covenant Asset Management LLC acquired a new position in shares of Vanguard Intermediate-Term Bond ETF during the 4th quarter worth about $1,177,000. Clarity Wealth Advisors LLC grew its holdings in Vanguard Intermediate-Term Bond ETF by 18.4% during the fourth quarter. Clarity Wealth Advisors LLC now owns 135,024 shares of the company’s stock worth $10,516,000 after purchasing an additional 21,013 shares during the period. Fonville Wealth Management LLC grew its holdings in Vanguard Intermediate-Term Bond ETF by 34.8% during the fourth quarter. Fonville Wealth Management LLC now owns 177,008 shares of the company’s stock worth $13,785,000 after purchasing an additional 45,702 shares during the period. Asset Allocation & Management Company LLC acquired a new position in Vanguard Intermediate-Term Bond ETF during the fourth quarter worth approximately $1,150,000. Finally, D.A. Davidson & CO. raised its stake in Vanguard Intermediate-Term Bond ETF by 17.7% in the fourth quarter. D.A. Davidson & CO. now owns 97,768 shares of the company’s stock valued at $7,614,000 after buying an additional 14,697 shares during the period.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of BIV traded down $0.06 during mid-day trading on Friday, reaching $76.02. The company’s stock had a trading volume of 1,397,103 shares, compared to its average volume of 1,972,286. Vanguard Intermediate-Term Bond ETF has a 1-year low of $75.63 and a 1-year high of $79.08. The business has a 50-day simple moving average of $76.47 and a two-hundred day simple moving average of $77.29.

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.