Concurrent Investment Advisors LLC Purchases 548 Shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Concurrent Investment Advisors LLC boosted its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 1.2% during the third quarter, Holdings Channel.com reports. The firm owned 45,898 shares of the company’s stock after acquiring an additional 548 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $3,597,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of BIV. FAS Wealth Partners Inc. purchased a new stake in Vanguard Intermediate-Term Bond ETF in the second quarter worth approximately $28,000. Blue Trust Inc. increased its holdings in Vanguard Intermediate-Term Bond ETF by 88.7% during the third quarter. Blue Trust Inc. now owns 402 shares of the company’s stock valued at $30,000 after buying an additional 189 shares during the last quarter. Financial Connections Group Inc. bought a new stake in Vanguard Intermediate-Term Bond ETF during the second quarter valued at about $38,000. Armstrong Advisory Group Inc. raised its stake in Vanguard Intermediate-Term Bond ETF by 504.0% during the 3rd quarter. Armstrong Advisory Group Inc. now owns 610 shares of the company’s stock worth $48,000 after acquiring an additional 509 shares during the period. Finally, Sugarloaf Wealth Management LLC boosted its position in shares of Vanguard Intermediate-Term Bond ETF by 40.3% in the second quarter. Sugarloaf Wealth Management LLC now owns 762 shares of the company’s stock worth $57,000 after purchasing an additional 219 shares during the period.

Vanguard Intermediate-Term Bond ETF Trading Down 0.8 %

NYSEARCA:BIV opened at $75.20 on Thursday. Vanguard Intermediate-Term Bond ETF has a 12-month low of $71.91 and a 12-month high of $78.89. The stock has a 50-day moving average price of $77.42 and a 200 day moving average price of $76.07.

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).