Verus Financial Partners Inc. Increases Stock Position in Vanguard Intermediate-Term Bond ETF $BIV

Verus Financial Partners Inc. increased its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 2.6% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 572,671 shares of the company’s stock after purchasing an additional 14,561 shares during the period. Vanguard Intermediate-Term Bond ETF makes up 4.3% of Verus Financial Partners Inc.’s portfolio, making the stock its 8th biggest position. Verus Financial Partners Inc. owned about 0.17% of Vanguard Intermediate-Term Bond ETF worth $44,720,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in BIV. Evolution Wealth Management Inc. bought a new stake in Vanguard Intermediate-Term Bond ETF during the 2nd quarter worth approximately $26,000. Blue Trust Inc. boosted its holdings in Vanguard Intermediate-Term Bond ETF by 85.5% in the third quarter. Blue Trust Inc. now owns 371 shares of the company’s stock valued at $29,000 after acquiring an additional 171 shares during the last quarter. First Community Trust NA acquired a new stake in Vanguard Intermediate-Term Bond ETF in the third quarter worth about $30,000. ORG Partners LLC raised its holdings in Vanguard Intermediate-Term Bond ETF by 177.8% during the 2nd quarter. ORG Partners LLC now owns 400 shares of the company’s stock worth $31,000 after purchasing an additional 256 shares during the last quarter. Finally, Alpine Bank Wealth Management bought a new position in shares of Vanguard Intermediate-Term Bond ETF in the 3rd quarter valued at about $33,000.

Vanguard Intermediate-Term Bond ETF Price Performance

BIV stock opened at $77.74 on Friday. The business’s fifty day moving average is $78.05 and its 200-day moving average is $77.85. Vanguard Intermediate-Term Bond ETF has a twelve month low of $74.44 and a twelve month high of $78.91.

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). 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.