Planned Solutions Inc. Invests $12.04 Million in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Planned Solutions Inc. bought a new position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 157,605 shares of the company’s stock, valued at approximately $12,038,000. Vanguard Intermediate-Term Bond ETF makes up 5.6% of Planned Solutions Inc.’s holdings, making the stock its 5th biggest position. Planned Solutions Inc. owned 0.08% of Vanguard Intermediate-Term Bond ETF as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Fairfield Bush & CO. purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF in the 1st quarter valued at approximately $37,000. Cibc World Market Inc. grew its position in shares of Vanguard Intermediate-Term Bond ETF by 3.2% in the 1st quarter. Cibc World Market Inc. now owns 16,484 shares of the company’s stock valued at $1,350,000 after buying an additional 510 shares during the last quarter. Blair William & Co. IL grew its position in shares of Vanguard Intermediate-Term Bond ETF by 4,470.2% in the 1st quarter. Blair William & Co. IL now owns 55,757 shares of the company’s stock valued at $4,566,000 after buying an additional 54,537 shares during the last quarter. Moors & Cabot Inc. purchased a new position in shares of Vanguard Intermediate-Term Bond ETF in the 1st quarter valued at $278,000. Finally, NewEdge Advisors LLC grew its position in shares of Vanguard Intermediate-Term Bond ETF by 10.6% in the 1st quarter. NewEdge Advisors LLC now owns 67,195 shares of the company’s stock valued at $5,504,000 after buying an additional 6,423 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of Vanguard Intermediate-Term Bond ETF stock opened at $75.49 on Thursday. Vanguard Intermediate-Term Bond ETF has a 1 year low of $70.43 and a 1 year high of $77.71. The company’s fifty day moving average is $75.25 and its two-hundred day moving average is $74.18.

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).