Connecticut Wealth Management LLC Invests $7.67 Million in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Connecticut Wealth Management LLC bought a new position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 100,361 shares of the company’s stock, valued at approximately $7,666,000.

Several other large investors have also recently bought and sold shares of the business. Sugarloaf Wealth Management LLC purchased a new position in shares of Vanguard Intermediate-Term Bond ETF in the 4th quarter valued at about $25,000. CVA Family Office LLC purchased a new position in Vanguard Intermediate-Term Bond ETF in the fourth quarter valued at approximately $36,000. Financial Connections Group Inc. acquired a new stake in Vanguard Intermediate-Term Bond ETF during the fourth quarter worth approximately $38,000. JFS Wealth Advisors LLC purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF during the 3rd quarter worth approximately $56,000. Finally, Financial Gravity Asset Management Inc. boosted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 949.3% in the 3rd quarter. Financial Gravity Asset Management Inc. now owns 787 shares of the company’s stock valued at $56,000 after buying an additional 712 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Trading Up 0.5 %

Shares of NYSEARCA BIV traded up $0.38 during mid-day trading on Friday, reaching $74.09. The company had a trading volume of 1,007,281 shares, compared to its average volume of 1,283,616. The firm has a 50 day simple moving average of $74.48 and a two-hundred day simple moving average of $74.43. Vanguard Intermediate-Term Bond ETF has a 52-week low of $70.43 and a 52-week high of $77.68.

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).