Valmark Advisers Inc. Purchases 8,795 Shares of Vanguard Intermediate-Term Bond ETF $BIV

Valmark Advisers Inc. boosted its position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 23.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 47,069 shares of the company’s stock after acquiring an additional 8,795 shares during the period. Valmark Advisers Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $3,676,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in BIV. First Merchants Corp lifted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 3.3% during the third quarter. First Merchants Corp now owns 289,280 shares of the company’s stock valued at $22,590,000 after acquiring an additional 9,107 shares during the period. San Luis Wealth Advisors LLC increased its position in shares of Vanguard Intermediate-Term Bond ETF by 35.6% during the 2nd quarter. San Luis Wealth Advisors LLC now owns 135,242 shares of the company’s stock worth $10,460,000 after purchasing an additional 35,497 shares in the last quarter. Redhawk Wealth Advisors Inc. lifted its holdings in Vanguard Intermediate-Term Bond ETF by 12.5% during the 3rd quarter. Redhawk Wealth Advisors Inc. now owns 82,871 shares of the company’s stock valued at $6,471,000 after purchasing an additional 9,177 shares during the last quarter. Clarity Wealth Advisors LLC boosted its position in Vanguard Intermediate-Term Bond ETF by 18.2% in the third quarter. Clarity Wealth Advisors LLC now owns 114,011 shares of the company’s stock valued at $8,903,000 after buying an additional 17,562 shares in the last quarter. Finally, Assetmark Inc. boosted its position in Vanguard Intermediate-Term Bond ETF by 34.7% in the second quarter. Assetmark Inc. now owns 4,700 shares of the company’s stock valued at $363,000 after buying an additional 1,210 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Up 0.1%

NYSEARCA BIV opened at $77.96 on Friday. The company has a 50 day moving average of $78.08 and a 200-day moving average of $77.80. Vanguard Intermediate-Term Bond ETF has a 1-year low of $73.72 and a 1-year high of $78.91.

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.