Fonville Wealth Management LLC Invests $2.72 Million in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Fonville Wealth Management LLC bought a new position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 35,591 shares of the company’s stock, valued at approximately $2,718,000. Vanguard Intermediate-Term Bond ETF comprises about 1.4% of Fonville Wealth Management LLC’s investment portfolio, making the stock its 25th biggest holding.

Other large investors have also made changes to their positions in the company. Sugarloaf Wealth Management LLC bought a new stake in shares of Vanguard Intermediate-Term Bond ETF in the 4th quarter worth about $25,000. Coppell Advisory Solutions LLC bought a new stake in Vanguard Intermediate-Term Bond ETF during the 2nd quarter worth about $27,000. Fairfield Bush & CO. bought a new stake in Vanguard Intermediate-Term Bond ETF during the 1st quarter worth about $37,000. CVA Family Office LLC bought a new stake in Vanguard Intermediate-Term Bond ETF during the 4th quarter worth about $36,000. Finally, Financial Connections Group Inc. bought a new stake in Vanguard Intermediate-Term Bond ETF during the 4th quarter worth about $38,000.

Vanguard Intermediate-Term Bond ETF Stock Down 0.3 %

NYSEARCA:BIV traded down $0.19 during mid-day trading on Thursday, reaching $73.29. 1,067,581 shares of the company were exchanged, compared to its average volume of 1,321,250. Vanguard Intermediate-Term Bond ETF has a 12 month low of $70.43 and a 12 month high of $77.68. The company has a fifty day moving average of $74.80 and a 200 day moving average of $74.32.

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).