Valmark Advisers Inc. Grows Stock Holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Valmark Advisers Inc. grew its holdings in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 15.9% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 24,233 shares of the company’s stock after purchasing an additional 3,318 shares during the period. Valmark Advisers Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $1,851,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in BIV. Envestnet Portfolio Solutions Inc. purchased a new position in shares of Vanguard Intermediate-Term Bond ETF during the third quarter valued at approximately $156,701,000. Comerica Bank purchased a new position in Vanguard Intermediate-Term Bond ETF in the 3rd quarter worth approximately $76,901,000. International Assets Investment Management LLC purchased a new position in Vanguard Intermediate-Term Bond ETF in the 4th quarter worth approximately $73,150,000. Beacon Capital Management Inc. raised its holdings in Vanguard Intermediate-Term Bond ETF by 6,807.2% in the 4th quarter. Beacon Capital Management Inc. now owns 938,961 shares of the company’s stock worth $71,718,000 after acquiring an additional 925,367 shares during the last quarter. Finally, TIAA Trust National Association purchased a new position in Vanguard Intermediate-Term Bond ETF in the 3rd quarter worth approximately $61,661,000.

Vanguard Intermediate-Term Bond ETF Price Performance

NYSEARCA BIV traded up $0.16 during mid-day trading on Friday, reaching $73.34. The stock had a trading volume of 639,499 shares, compared to its average volume of 1,294,117. Vanguard Intermediate-Term Bond ETF has a 1 year low of $70.43 and a 1 year high of $77.68. The company has a fifty day moving average price of $74.58 and a 200 day moving average price of $74.39.

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).