Advisors Preferred LLC Buys Shares of 96,638 Vanguard Intermediate-Term Bond ETF $BIV

Advisors Preferred LLC purchased a new position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 96,638 shares of the company’s stock, valued at approximately $7,442,000. Vanguard Intermediate-Term Bond ETF comprises 1.2% of Advisors Preferred LLC’s investment portfolio, making the stock its 21st biggest position.

A number of other hedge funds and other institutional investors have also recently modified their holdings of BIV. Bank of Montreal Can raised its position in Vanguard Intermediate-Term Bond ETF by 0.4% in the 2nd quarter. Bank of Montreal Can now owns 813,599 shares of the company’s stock worth $62,924,000 after buying an additional 3,046 shares during the last quarter. Burney Co. grew its stake in shares of Vanguard Intermediate-Term Bond ETF by 0.4% in the second quarter. Burney Co. now owns 152,066 shares of the company’s stock worth $11,761,000 after acquiring an additional 585 shares during the period. TIAA Trust National Association raised its holdings in shares of Vanguard Intermediate-Term Bond ETF by 23.4% during the second quarter. TIAA Trust National Association now owns 2,372,485 shares of the company’s stock valued at $183,488,000 after purchasing an additional 450,557 shares during the last quarter. Welch & Forbes LLC lifted its position in Vanguard Intermediate-Term Bond ETF by 3.1% during the second quarter. Welch & Forbes LLC now owns 10,335 shares of the company’s stock valued at $799,000 after purchasing an additional 307 shares during the period. Finally, Leeward Financial Partners LLC lifted its position in Vanguard Intermediate-Term Bond ETF by 1.6% during the second quarter. Leeward Financial Partners LLC now owns 70,002 shares of the company’s stock valued at $5,414,000 after purchasing an additional 1,077 shares during the period.

Vanguard Intermediate-Term Bond ETF Trading Down 0.4%

Shares of BIV opened at $77.90 on Tuesday. The firm has a fifty day simple moving average of $78.24 and a two-hundred day simple moving average of $77.13. Vanguard Intermediate-Term Bond ETF has a 1-year low of $73.72 and a 1-year high of $78.91.

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).