Smart Money Group LLC Purchases 383 Shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Smart Money Group LLC increased its position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 1.4% in the 4th quarter, HoldingsChannel reports. The fund owned 28,073 shares of the company’s stock after purchasing an additional 383 shares during the period. Vanguard Intermediate-Term Bond ETF accounts for about 0.9% of Smart Money Group LLC’s holdings, making the stock its 26th biggest position. Smart Money Group LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $2,144,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC grew its position in Vanguard Intermediate-Term Bond ETF by 1.5% during the fourth quarter. Commonwealth Equity Services LLC now owns 698,486 shares of the company’s stock worth $53,350,000 after buying an additional 10,458 shares in the last quarter. Fisher Asset Management LLC purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF during the 4th quarter valued at $397,000. Howe & Rusling Inc. lifted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 208.5% during the 4th quarter. Howe & Rusling Inc. now owns 1,194 shares of the company’s stock worth $91,000 after acquiring an additional 807 shares during the last quarter. Essex Financial Services Inc. purchased a new position in Vanguard Intermediate-Term Bond ETF in the fourth quarter worth $255,000. Finally, Savant Capital LLC purchased a new position in shares of Vanguard Intermediate-Term Bond ETF in the 4th quarter worth about $292,000.

Vanguard Intermediate-Term Bond ETF Stock Up 0.5 %

BIV traded up $0.39 during midday trading on Thursday, hitting $73.71. The stock had a trading volume of 1,075,567 shares, compared to its average volume of 1,286,404. Vanguard Intermediate-Term Bond ETF has a 1 year low of $70.43 and a 1 year high of $77.68. The business has a fifty day moving average of $74.50 and a 200 day moving average of $74.43.

Vanguard Intermediate-Term Bond ETF Company 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).