D.A. Davidson & CO. Boosts Stake in Vanguard Intermediate-Term Bond ETF $BIV

D.A. Davidson & CO. lifted its holdings in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 24.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 121,563 shares of the company’s stock after acquiring an additional 23,795 shares during the period. D.A. Davidson & CO.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $9,382,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in BIV. Covenant Asset Management LLC purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF during the fourth quarter worth about $1,177,000. Clarity Wealth Advisors LLC grew its position in shares of 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 valued at $10,516,000 after purchasing an additional 21,013 shares during the period. Fonville Wealth Management LLC increased its stake in Vanguard Intermediate-Term Bond ETF by 34.8% in the fourth quarter. Fonville Wealth Management LLC now owns 177,008 shares of the company’s stock valued at $13,785,000 after purchasing an additional 45,702 shares during the last quarter. Asset Allocation & Management Company LLC acquired a new stake in Vanguard Intermediate-Term Bond ETF in the 4th quarter worth about $1,150,000. Finally, MBA Advisors LLC boosted its stake in Vanguard Intermediate-Term Bond ETF by 5.7% in the 4th quarter. MBA Advisors LLC now owns 202,325 shares of the company’s stock worth $15,757,000 after buying an additional 10,866 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Trading Up 0.1%

Shares of BIV opened at $76.14 on Friday. Vanguard Intermediate-Term Bond ETF has a fifty-two week low of $75.63 and a fifty-two week high of $79.08. The company’s fifty day moving average is $76.38 and its two-hundred day moving average is $77.22.

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.