Park Avenue Securities LLC Makes New $1.31 Million Investment in Vanguard Intermediate-Term Bond ETF $BIV

Park Avenue Securities LLC acquired a new stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 16,777 shares of the company’s stock, valued at approximately $1,310,000.

Other hedge funds have also modified their holdings of the company. First Merchants Corp lifted its holdings in Vanguard Intermediate-Term Bond ETF by 3.3% in the third quarter. First Merchants Corp now owns 289,280 shares of the company’s stock valued at $22,590,000 after acquiring an additional 9,107 shares during the period. San Luis Wealth Advisors LLC increased its holdings in shares of Vanguard Intermediate-Term Bond ETF by 35.6% in the 2nd quarter. San Luis Wealth Advisors LLC now owns 135,242 shares of the company’s stock valued at $10,460,000 after purchasing an additional 35,497 shares in the last quarter. Redhawk Wealth Advisors Inc. lifted its stake in shares of Vanguard Intermediate-Term Bond ETF by 12.5% in the third quarter. Redhawk Wealth Advisors Inc. now owns 82,871 shares of the company’s stock valued at $6,471,000 after purchasing an additional 9,177 shares during the period. Assetmark Inc. lifted its stake in shares of Vanguard Intermediate-Term Bond ETF by 34.7% in the second quarter. Assetmark Inc. now owns 4,700 shares of the company’s stock valued at $363,000 after purchasing an additional 1,210 shares during the period. Finally, Focus Financial Network Inc. purchased a new stake in Vanguard Intermediate-Term Bond ETF during the third quarter worth about $506,000.

Vanguard Intermediate-Term Bond ETF Stock Down 0.1%

Shares of Vanguard Intermediate-Term Bond ETF stock opened at $77.89 on Tuesday. The company has a 50-day moving average of $78.08 and a two-hundred day moving average of $77.81. Vanguard Intermediate-Term Bond ETF has a 12-month low of $73.72 and a 12-month 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). 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.