Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) Stock Position Raised by City State Bank

City State Bank boosted its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 23.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 107,081 shares of the company’s stock after purchasing an additional 20,312 shares during the quarter. Vanguard Intermediate-Term Bond ETF comprises approximately 3.3% of City State Bank’s portfolio, making the stock its 2nd biggest holding. City State Bank’s holdings in Vanguard Intermediate-Term Bond ETF were worth $8,019,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of BIV. Salomon & Ludwin LLC bought a new position in Vanguard Intermediate-Term Bond ETF during the first quarter valued at approximately $25,000. Financial Connections Group Inc. bought a new position in shares of Vanguard Intermediate-Term Bond ETF in the fourth quarter worth approximately $38,000. United Advisor Group LLC bought a new position in shares of Vanguard Intermediate-Term Bond ETF in the fourth quarter worth approximately $40,000. American National Bank grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 616.0% in the first quarter. American National Bank now owns 537 shares of the company’s stock worth $40,000 after purchasing an additional 462 shares during the last quarter. Finally, Delta Asset Management LLC TN purchased a new position in Vanguard Intermediate-Term Bond ETF during the 4th quarter valued at $49,000.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of BIV stock traded down $0.47 during mid-day trading on Tuesday, reaching $77.04. 1,026,580 shares of the company’s stock traded hands, compared to its average volume of 1,124,411. The company’s 50-day moving average price is $75.33 and its 200-day moving average price is $74.92. Vanguard Intermediate-Term Bond ETF has a 12 month low of $70.43 and a 12 month high of $77.96.

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).