Citizens Financial Group Inc. RI Raises Position in Vanguard Intermediate-Term Bond ETF $BIV

Citizens Financial Group Inc. RI grew its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 2,523.6% in the 1st quarter, HoldingsChannel.com reports. The fund owned 481,189 shares of the company’s stock after buying an additional 462,848 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in Vanguard Intermediate-Term Bond ETF were worth $37,138,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of BIV. Kelleher Financial Advisors purchased a new position in Vanguard Intermediate-Term Bond ETF in the third quarter valued at $30,000. Texas Capital Bancshares Inc TX purchased a new stake in Vanguard Intermediate-Term Bond ETF during the 3rd quarter worth about $31,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in Vanguard Intermediate-Term Bond ETF during the 4th quarter worth about $31,000. Darwin Wealth Management LLC acquired a new stake in Vanguard Intermediate-Term Bond ETF in the 1st quarter valued at about $36,000. Finally, N.E.W. Advisory Services LLC raised its position in Vanguard Intermediate-Term Bond ETF by 96.1% in the 4th quarter. N.E.W. Advisory Services LLC now owns 500 shares of the company’s stock valued at $39,000 after purchasing an additional 245 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of BIV traded down $0.06 during midday trading on Friday, hitting $76.02. The company had a trading volume of 1,397,103 shares, compared to its average volume of 1,972,286. Vanguard Intermediate-Term Bond ETF has a 1 year low of $75.63 and a 1 year high of $79.08. The company’s 50-day simple moving average is $76.47 and its 200-day simple moving average is $77.29.

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.