Gordian Advisors LLC Boosts Holdings in Vanguard Intermediate-Term Bond ETF $BIV

Gordian Advisors LLC increased its position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 3.1% in the first quarter, HoldingsChannel reports. The firm owned 427,134 shares of the company’s stock after purchasing an additional 12,954 shares during the period. Vanguard Intermediate-Term Bond ETF makes up approximately 22.0% of Gordian Advisors LLC’s investment portfolio, making the stock its biggest holding. Gordian Advisors LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $32,966,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Diversify Advisory Services LLC grew its stake in Vanguard Intermediate-Term Bond ETF by 602.7% during the second quarter. Diversify Advisory Services LLC now owns 20,834 shares of the company’s stock worth $1,610,000 after buying an additional 17,869 shares during the last quarter. Diversify Wealth Management LLC bought a new position in shares of Vanguard Intermediate-Term Bond ETF in the second quarter valued at approximately $250,000. Raymond James Financial Inc. boosted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 20.1% in the 2nd quarter. Raymond James Financial Inc. now owns 1,923,304 shares of the company’s stock worth $148,748,000 after acquiring an additional 322,207 shares in the last quarter. Ausdal Financial Partners Inc. boosted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 0.8% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 32,739 shares of the company’s stock worth $2,532,000 after acquiring an additional 264 shares in the last quarter. Finally, Jane Street Group LLC bought a new stake in Vanguard Intermediate-Term Bond ETF during the 2nd quarter worth approximately $17,088,000.

Vanguard Intermediate-Term Bond ETF Stock Performance

NYSEARCA BIV opened at $76.43 on Friday. The stock’s 50 day simple moving average is $76.60 and its 200 day simple moving average is $77.36. Vanguard Intermediate-Term Bond ETF has a one year low of $75.63 and a one year high of $79.08.

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.