Independent Wealth Network Inc. Makes New $681,000 Investment in Vanguard Intermediate-Term Bond ETF $BIV

Independent Wealth Network Inc. acquired a new position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 8,828 shares of the company’s stock, valued at approximately $681,000.

Other large investors have also recently made changes to their positions in the company. Kelleher Financial Advisors purchased a new stake in Vanguard Intermediate-Term Bond ETF in the 3rd quarter worth approximately $30,000. Texas Capital Bancshares Inc TX purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF in the third quarter worth $31,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF in the fourth quarter worth $31,000. N.E.W. Advisory Services LLC increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 96.1% in the fourth quarter. N.E.W. Advisory Services LLC now owns 500 shares of the company’s stock worth $39,000 after purchasing an additional 245 shares in the last quarter. Finally, Laurel Wealth Advisors LLC bought a new stake in shares of Vanguard Intermediate-Term Bond ETF during the 4th quarter valued at $41,000.

Vanguard Intermediate-Term Bond ETF Stock Performance

BIV opened at $76.85 on Friday. Vanguard Intermediate-Term Bond ETF has a fifty-two week low of $75.63 and a fifty-two week high of $79.08. The firm’s fifty day moving average is $76.68 and its 200 day moving average is $77.41.

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.