Orrstown Financial Services Inc. Buys 1,839 Shares of Vanguard Intermediate-Term Bond ETF $BIV

Orrstown Financial Services Inc. raised its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 3.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 54,253 shares of the company’s stock after acquiring an additional 1,839 shares during the period. Vanguard Intermediate-Term Bond ETF comprises about 0.9% of Orrstown Financial Services Inc.’s investment portfolio, making the stock its 14th largest position. Orrstown Financial Services Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $4,196,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently made changes to their positions in the company. Pinnacle Bancorp Inc. boosted its holdings in Vanguard Intermediate-Term Bond ETF by 2.6% in the second quarter. Pinnacle Bancorp Inc. now owns 6,886 shares of the company’s stock valued at $533,000 after acquiring an additional 173 shares during the last quarter. Rockwood Wealth Management LLC acquired a new position in Vanguard Intermediate-Term Bond ETF in the second quarter valued at about $256,000. Spring Capital Management LLC raised its position in shares of Vanguard Intermediate-Term Bond ETF by 0.9% during the second quarter. Spring Capital Management LLC now owns 16,370 shares of the company’s stock worth $1,266,000 after purchasing an additional 152 shares during the period. Hurlow Wealth Management Group Inc. raised its position in shares of Vanguard Intermediate-Term Bond ETF by 23.6% during the second quarter. Hurlow Wealth Management Group Inc. now owns 75,767 shares of the company’s stock worth $5,860,000 after purchasing an additional 14,457 shares during the period. Finally, Redhawk Wealth Advisors Inc. acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF during the second quarter worth about $5,700,000.

Vanguard Intermediate-Term Bond ETF Stock Down 0.0%

NYSEARCA BIV opened at $78.25 on Friday. The stock’s 50-day moving average is $77.45 and its 200-day moving average is $76.63. Vanguard Intermediate-Term Bond ETF has a one year low of $73.72 and a one year high of $78.79.

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).