Vanguard Intermediate-Term Bond ETF $BIV Stock: Darrow Company Inc. Grows Position

Darrow Company Inc. boosted its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 7.8% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 268,074 shares of the company’s stock after purchasing an additional 19,373 shares during the quarter. Vanguard Intermediate-Term Bond ETF comprises 7.8% of Darrow Company Inc.’s portfolio, making the stock its 2nd largest position. Darrow Company Inc. owned about 0.07% of Vanguard Intermediate-Term Bond ETF worth $19,532,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Johnson Financial Group Inc. acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF during the 1st quarter worth $28,000. Brown Lisle Cummings Inc. purchased a new position in shares of Vanguard Intermediate-Term Bond ETF in the 2nd quarter worth $31,000. Darwin Wealth Management LLC acquired a new position in Vanguard Intermediate-Term Bond ETF in the first quarter valued at $36,000. Hollencrest Capital Management acquired a new position in Vanguard Intermediate-Term Bond ETF in the first quarter valued at $37,000. Finally, GK Wealth Management LLC acquired a new position in Vanguard Intermediate-Term Bond ETF in the third quarter valued at $40,000.

Vanguard Intermediate-Term Bond ETF Price Performance

BIV stock opened at $74.07 on Friday. The stock has a 50-day moving average price of $74.12 and a two-hundred day moving average price of $75.62. Vanguard Intermediate-Term Bond ETF has a 12-month low of $72.31 and a 12-month 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.