Acorn Financial Advisory Services Inc. ADV Acquires New Position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Acorn Financial Advisory Services Inc. ADV acquired a new position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 3,753 shares of the company’s stock, valued at approximately $280,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Flagship Wealth Advisors LLC purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF during the fourth quarter worth about $25,000. Montag A & Associates Inc. lifted its position in Vanguard Intermediate-Term Bond ETF by 112.9% in the fourth quarter. Montag A & Associates Inc. now owns 379 shares of the company’s stock valued at $28,000 after buying an additional 201 shares during the last quarter. Newbridge Financial Services Group Inc. purchased a new position in shares of Vanguard Intermediate-Term Bond ETF in the fourth quarter valued at approximately $45,000. Financial Connections Group Inc. grew its position in shares of Vanguard Intermediate-Term Bond ETF by 32.0% during the fourth quarter. Financial Connections Group Inc. now owns 681 shares of the company’s stock worth $50,000 after buying an additional 165 shares in the last quarter. Finally, Hurley Capital LLC acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF during the 4th quarter worth about $55,000.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of Vanguard Intermediate-Term Bond ETF stock opened at $76.50 on Friday. Vanguard Intermediate-Term Bond ETF has a 1 year low of $73.32 and a 1 year high of $78.89. The company’s fifty day moving average is $76.18 and its two-hundred day moving average is $75.67.

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).