Vertrix Wealth Management LLC Acquires 49,975 Shares of Vanguard Intermediate-Term Bond ETF $BIV

Vertrix Wealth Management LLC increased its holdings in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 34.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 195,820 shares of the company’s stock after acquiring an additional 49,975 shares during the quarter. Vanguard Intermediate-Term Bond ETF comprises about 5.1% of Vertrix Wealth Management LLC’s investment portfolio, making the stock its largest holding. Vertrix Wealth Management LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $15,019,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. EP Wealth Advisors LLC bought a new stake in Vanguard Intermediate-Term Bond ETF in the 4th quarter valued at about $672,555,000. Fifth Third Bancorp increased its holdings in shares of Vanguard Intermediate-Term Bond ETF by 1,077.4% during the first quarter. Fifth Third Bancorp now owns 1,496,862 shares of the company’s stock worth $115,528,000 after purchasing an additional 1,369,725 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in shares of Vanguard Intermediate-Term Bond ETF by 13.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 11,227,638 shares of the company’s stock valued at $874,408,000 after buying an additional 1,315,707 shares in the last quarter. Wells Fargo & Company MN raised its position in shares of Vanguard Intermediate-Term Bond ETF by 5.1% in the fourth quarter. Wells Fargo & Company MN now owns 25,526,720 shares of the company’s stock valued at $1,988,021,000 after buying an additional 1,249,895 shares in the last quarter. Finally, Morgan Stanley boosted its stake in shares of Vanguard Intermediate-Term Bond ETF by 11.8% in the fourth quarter. Morgan Stanley now owns 7,471,592 shares of the company’s stock valued at $581,888,000 after buying an additional 790,288 shares during the period.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of NYSEARCA:BIV opened at $75.69 on Monday. Vanguard Intermediate-Term Bond ETF has a 1 year low of $75.31 and a 1 year high of $79.08. The business’s 50 day simple moving average is $76.15 and its 200 day simple moving average is $76.98.

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.