PFG Investments LLC Has $2.35 Million Stock Position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

PFG Investments LLC boosted its holdings in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 417.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 30,039 shares of the company’s stock after buying an additional 24,230 shares during the quarter. PFG Investments LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $2,354,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of BIV. RF&L Wealth Management LLC raised its stake in Vanguard Intermediate-Term Bond ETF by 3.5% in the 2nd quarter. RF&L Wealth Management LLC now owns 3,975 shares of the company’s stock valued at $298,000 after acquiring an additional 135 shares during the period. DBK Financial Counsel LLC lifted its stake in shares of Vanguard Intermediate-Term Bond ETF by 1.7% during the 3rd quarter. DBK Financial Counsel LLC now owns 8,488 shares of the company’s stock worth $665,000 after buying an additional 142 shares during the last quarter. Grimes & Company Inc. lifted its stake in shares of Vanguard Intermediate-Term Bond ETF by 3.4% during the 3rd quarter. Grimes & Company Inc. now owns 4,366 shares of the company’s stock worth $342,000 after buying an additional 142 shares during the last quarter. Kanawha Capital Management LLC boosted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 3.7% during the 2nd quarter. Kanawha Capital Management LLC now owns 4,160 shares of the company’s stock worth $312,000 after buying an additional 147 shares during the period. Finally, National Bank of Canada FI grew its stake in Vanguard Intermediate-Term Bond ETF by 1.9% in the 2nd quarter. National Bank of Canada FI now owns 8,346 shares of the company’s stock valued at $622,000 after buying an additional 153 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Trading Down 0.2 %

BIV stock traded down $0.13 during mid-day trading on Friday, hitting $76.24. 797,233 shares of the company were exchanged, compared to its average volume of 1,098,105. Vanguard Intermediate-Term Bond ETF has a 1-year low of $70.84 and a 1-year high of $78.89. The business has a 50 day simple moving average of $77.73 and a 200-day simple moving average of $75.93.

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).