52,607 Shares in Vanguard Intermediate-Term Bond ETF $BIV Purchased by Marmo Financial Group LLC

Marmo Financial Group LLC acquired a new position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 52,607 shares of the company’s stock, valued at approximately $4,108,000. Vanguard Intermediate-Term Bond ETF makes up approximately 2.0% of Marmo Financial Group LLC’s holdings, making the stock its 15th largest position.

Several other hedge funds and other institutional investors also recently made changes to their positions in BIV. Evolution Wealth Management Inc. acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF during the 2nd quarter worth approximately $26,000. Blue Trust Inc. boosted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 85.5% in the 3rd quarter. Blue Trust Inc. now owns 371 shares of the company’s stock valued at $29,000 after purchasing an additional 171 shares in the last quarter. First Community Trust NA acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF in the 3rd quarter valued at $30,000. ORG Partners LLC increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 177.8% in the 2nd quarter. ORG Partners LLC now owns 400 shares of the company’s stock valued at $31,000 after purchasing an additional 256 shares during the last quarter. Finally, Alpine Bank Wealth Management acquired a new position in shares of Vanguard Intermediate-Term Bond ETF during the 3rd quarter worth $33,000.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of BIV stock opened at $77.96 on Friday. The business has a fifty day simple moving average of $78.08 and a 200 day simple moving average of $77.80. Vanguard Intermediate-Term Bond ETF has a twelve month low of $73.72 and a twelve month high of $78.91.

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). The Index includes all medium and larger issues of the United States Government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities between 5 and 10 years and are publicly issued.