Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) Stake Increased by Gordian Advisors LLC

Gordian Advisors LLC raised its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 10.1% in the third quarter, Holdings Channel reports. The institutional investor owned 349,826 shares of the company’s stock after buying an additional 32,068 shares during the quarter. Vanguard Intermediate-Term Bond ETF comprises about 21.9% of Gordian Advisors LLC’s portfolio, making the stock its 2nd biggest position. Gordian Advisors LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $27,416,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of BIV. Richardson Financial Services Inc. bought a new stake in Vanguard Intermediate-Term Bond ETF during the first quarter valued at $128,000. Evolution Advisers Inc. grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 4.4% during the first quarter. Evolution Advisers Inc. now owns 69,446 shares of the company’s stock worth $5,237,000 after purchasing an additional 2,898 shares in the last quarter. Windward Private Wealth Management Inc. increased its position in shares of Vanguard Intermediate-Term Bond ETF by 6.0% in the first quarter. Windward Private Wealth Management Inc. now owns 275,939 shares of the company’s stock worth $20,806,000 after purchasing an additional 15,597 shares during the last quarter. Smithfield Trust Co raised its stake in Vanguard Intermediate-Term Bond ETF by 17.6% in the first quarter. Smithfield Trust Co now owns 205,391 shares of the company’s stock valued at $15,489,000 after purchasing an additional 30,759 shares in the last quarter. Finally, Concurrent Investment Advisors LLC lifted its position in Vanguard Intermediate-Term Bond ETF by 18.4% during the first quarter. Concurrent Investment Advisors LLC now owns 42,315 shares of the company’s stock valued at $3,191,000 after purchasing an additional 6,582 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of NYSEARCA:BIV traded down $0.60 during trading on Wednesday, reaching $75.19. The company had a trading volume of 273,042 shares, compared to its average volume of 1,106,570. Vanguard Intermediate-Term Bond ETF has a 12 month low of $71.91 and a 12 month high of $78.89. The company has a fifty day moving average of $77.47 and a two-hundred day moving average of $76.08.

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).