Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) Shares Purchased by Merit Financial Group LLC

Merit Financial Group LLC raised its position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 34.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 54,680 shares of the company’s stock after acquiring an additional 14,147 shares during the quarter. Merit Financial Group LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $4,086,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the company. True Link Financial Advisors LLC increased its position in shares of Vanguard Intermediate-Term Bond ETF by 31.8% during the third quarter. True Link Financial Advisors LLC now owns 3,707,227 shares of the company’s stock worth $290,535,000 after acquiring an additional 894,519 shares during the last quarter. EP Wealth Advisors LLC grew its stake in Vanguard Intermediate-Term Bond ETF by 38.5% during the 3rd quarter. EP Wealth Advisors LLC now owns 3,037,989 shares of the company’s stock valued at $238,087,000 after purchasing an additional 844,917 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in Vanguard Intermediate-Term Bond ETF by 12.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 7,038,111 shares of the company’s stock worth $527,153,000 after purchasing an additional 770,007 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its position in shares of Vanguard Intermediate-Term Bond ETF by 59.0% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 1,610,345 shares of the company’s stock valued at $126,203,000 after purchasing an additional 597,770 shares in the last quarter. Finally, Sage Financial Management Group Inc. purchased a new position in shares of Vanguard Intermediate-Term Bond ETF during the 3rd quarter valued at approximately $43,848,000.

Vanguard Intermediate-Term Bond ETF Price Performance

BIV stock opened at $74.70 on Friday. The firm has a 50 day simple moving average of $75.25 and a 200-day simple moving average of $76.38. Vanguard Intermediate-Term Bond ETF has a twelve month low of $72.95 and a twelve month high of $78.89.

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).