Vanguard Intermediate-Term Bond ETF $BIV Shares Bought by Fonville Wealth Management LLC

Fonville Wealth Management LLC grew its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 6.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 113,897 shares of the company’s stock after purchasing an additional 7,113 shares during the quarter. Vanguard Intermediate-Term Bond ETF makes up 2.2% of Fonville Wealth Management LLC’s portfolio, making the stock its 14th largest holding. Fonville Wealth Management LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $8,809,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in the stock. Principal Financial Group Inc. increased its position in Vanguard Intermediate-Term Bond ETF by 23.6% in the first quarter. Principal Financial Group Inc. now owns 116,445 shares of the company’s stock worth $8,916,000 after buying an additional 22,221 shares during the period. U.S. Capital Wealth Advisors LLC grew its position in shares of Vanguard Intermediate-Term Bond ETF by 8.4% during the first quarter. U.S. Capital Wealth Advisors LLC now owns 5,436 shares of the company’s stock worth $416,000 after acquiring an additional 420 shares during the last quarter. Leavell Investment Management Inc. increased its holdings in shares of Vanguard Intermediate-Term Bond ETF by 10.8% in the 1st quarter. Leavell Investment Management Inc. now owns 8,231 shares of the company’s stock worth $630,000 after acquiring an additional 799 shares during the period. Cerity Partners LLC lifted its position in Vanguard Intermediate-Term Bond ETF by 10.7% in the 1st quarter. Cerity Partners LLC now owns 793,116 shares of the company’s stock valued at $60,729,000 after purchasing an additional 76,370 shares during the last quarter. Finally, Gateway Wealth Partners LLC boosted its stake in Vanguard Intermediate-Term Bond ETF by 32.5% during the 1st quarter. Gateway Wealth Partners LLC now owns 7,971 shares of the company’s stock valued at $610,000 after purchasing an additional 1,953 shares during the period.

Vanguard Intermediate-Term Bond ETF Stock Performance

NYSEARCA BIV opened at $78.06 on Friday. The company has a 50-day moving average price of $78.26 and a two-hundred day moving average price of $77.18. Vanguard Intermediate-Term Bond ETF has a 52 week low of $73.72 and a 52 week high of $78.91.

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).