8,072 Shares in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) Bought by Arbor Wealth Advisors LLC

Arbor Wealth Advisors LLC bought a new position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) in the 4th quarter, HoldingsChannel reports. The fund bought 8,072 shares of the company’s stock, valued at approximately $617,000. Vanguard Intermediate-Term Bond ETF makes up 0.6% of Arbor Wealth Advisors LLC’s portfolio, making the stock its 27th biggest holding.

Several other hedge funds and other institutional investors have also modified their holdings of BIV. National Bank of Canada FI boosted its position in shares of Vanguard Intermediate-Term Bond ETF by 25.1% in the third quarter. National Bank of Canada FI now owns 1,632 shares of the company’s stock worth $119,000 after buying an additional 327 shares during the period. CWM LLC boosted its position in shares of Vanguard Intermediate-Term Bond ETF by 70.4% in the third quarter. CWM LLC now owns 7,064 shares of the company’s stock worth $511,000 after buying an additional 2,918 shares during the period. HB Wealth Management LLC boosted its position in shares of Vanguard Intermediate-Term Bond ETF by 114.2% in the third quarter. HB Wealth Management LLC now owns 6,268 shares of the company’s stock worth $453,000 after buying an additional 3,342 shares during the period. Leavell Investment Management Inc. boosted its position in shares of Vanguard Intermediate-Term Bond ETF by 9.2% in the third quarter. Leavell Investment Management Inc. now owns 3,439 shares of the company’s stock worth $249,000 after buying an additional 289 shares during the period. Finally, Stanley Laman Group Ltd. boosted its position in shares of Vanguard Intermediate-Term Bond ETF by 8.3% in the third quarter. Stanley Laman Group Ltd. now owns 3,697 shares of the company’s stock worth $281,000 after buying an additional 282 shares during the period.

Vanguard Intermediate-Term Bond ETF Price Performance

BIV traded up $0.16 during trading on Tuesday, reaching $73.58. 1,117,976 shares of the stock traded hands, compared to its average volume of 1,309,995. Vanguard Intermediate-Term Bond ETF has a fifty-two week low of $70.43 and a fifty-two week high of $77.68. The stock’s 50-day simple moving average is $74.67 and its two-hundred day simple moving average is $74.39.

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).