Parkside Financial Bank & Trust Increases Stake in Vanguard Intermediate-Term Bond ETF $BIV

Parkside Financial Bank & Trust increased its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 3.8% in the second quarter, Holdings Channel reports. The firm owned 264,305 shares of the company’s stock after purchasing an additional 9,751 shares during the period. Vanguard Intermediate-Term Bond ETF comprises 1.4% of Parkside Financial Bank & Trust’s holdings, making the stock its 13th largest position. Parkside Financial Bank & Trust’s holdings in Vanguard Intermediate-Term Bond ETF were worth $20,272,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. MLG Wealth Management DBA Pine Grove Financial Group purchased a new position in shares of Vanguard Intermediate-Term Bond ETF in the second quarter worth $219,000. Brown Lisle Cummings Inc. acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF during the second quarter worth $31,000. Ameritas Advisory Services LLC grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 77.3% during the second quarter. Ameritas Advisory Services LLC now owns 197,875 shares of the company’s stock valued at $15,177,000 after buying an additional 86,301 shares during the last quarter. Sovereign Investment Advisors LLC increased its position in shares of Vanguard Intermediate-Term Bond ETF by 1.1% in the 2nd quarter. Sovereign Investment Advisors LLC now owns 87,243 shares of the company’s stock valued at $6,692,000 after acquiring an additional 944 shares during the period. Finally, Operose Advisors LLC purchased a new position in Vanguard Intermediate-Term Bond ETF in the 2nd quarter worth $684,000.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of BIV opened at $74.94 on Tuesday. The stock has a 50-day moving average of $75.70 and a two-hundred day moving average of $76.60. Vanguard Intermediate-Term Bond ETF has a one year low of $74.79 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.