Vanguard Intermediate-Term Bond ETF $BIV Shares Purchased by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. increased its position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 6.2% during the 4th quarter, HoldingsChannel reports. The fund owned 934,719 shares of the company’s stock after acquiring an additional 54,474 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $72,796,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Clarity Wealth Advisors LLC raised its holdings in Vanguard Intermediate-Term Bond ETF by 18.4% in the 4th quarter. Clarity Wealth Advisors LLC now owns 135,024 shares of the company’s stock valued at $10,516,000 after buying an additional 21,013 shares during the period. Betterment LLC raised its holdings in Vanguard Intermediate-Term Bond ETF by 7.2% in the 3rd quarter. Betterment LLC now owns 282,041 shares of the company’s stock valued at $22,025,000 after buying an additional 19,017 shares during the period. Fonville Wealth Management LLC raised its holdings in Vanguard Intermediate-Term Bond ETF by 34.8% in the 4th quarter. Fonville Wealth Management LLC now owns 177,008 shares of the company’s stock valued at $13,785,000 after buying an additional 45,702 shares during the period. Covenant Asset Management LLC purchased a new stake in Vanguard Intermediate-Term Bond ETF during the fourth quarter worth about $1,177,000. Finally, Asset Allocation & Management Company LLC purchased a new stake in Vanguard Intermediate-Term Bond ETF during the fourth quarter worth about $1,150,000.

Vanguard Intermediate-Term Bond ETF Trading Down 0.7%

Shares of NYSEARCA:BIV opened at $76.06 on Friday. The firm’s 50-day moving average is $77.17 and its two-hundred day moving average is $77.79. Vanguard Intermediate-Term Bond ETF has a 1 year low of $75.28 and a 1 year high of $79.08.

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.