Vanguard Intermediate-Term Bond ETF $BIV is Brighton Securities CORP.’s 2nd Largest Position

Brighton Securities CORP. decreased its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 18.7% in the 4th quarter, HoldingsChannel.com reports. The fund owned 385,669 shares of the company’s stock after selling 88,895 shares during the quarter. Vanguard Intermediate-Term Bond ETF comprises about 14.8% of Brighton Securities CORP.’s investment portfolio, making the stock its 2nd largest holding. Brighton Securities CORP.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $30,036,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the stock. Covenant Asset Management LLC purchased a new position in Vanguard Intermediate-Term Bond ETF in the fourth quarter worth approximately $1,177,000. Clarity Wealth Advisors LLC grew its holdings in Vanguard Intermediate-Term Bond ETF by 18.4% during the 4th quarter. Clarity Wealth Advisors LLC now owns 135,024 shares of the company’s stock worth $10,516,000 after acquiring an additional 21,013 shares in the last quarter. Fonville Wealth Management LLC grew its holdings in Vanguard Intermediate-Term Bond ETF by 34.8% during the 4th quarter. Fonville Wealth Management LLC now owns 177,008 shares of the company’s stock worth $13,785,000 after acquiring an additional 45,702 shares in the last quarter. Betterment LLC increased its position in shares of 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 purchasing an additional 19,017 shares during the last quarter. Finally, Asset Allocation & Management Company LLC purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF in the 4th quarter valued at approximately $1,150,000.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of BIV opened at $76.53 on Friday. The firm’s fifty day simple moving average is $76.74 and its 200-day simple moving average is $77.46. Vanguard Intermediate-Term Bond ETF has a twelve month low of $75.63 and a twelve month high of $79.08.

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). 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.