Stephenson & Company Inc. Grows Stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Stephenson & Company Inc. boosted its position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 1.3% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 132,133 shares of the company’s stock after buying an additional 1,759 shares during the period. Vanguard Intermediate-Term Bond ETF makes up approximately 7.3% of Stephenson & Company Inc.’s portfolio, making the stock its 6th biggest position. Stephenson & Company Inc. owned approximately 0.06% of Vanguard Intermediate-Term Bond ETF worth $9,895,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in BIV. Salomon & Ludwin LLC bought a new stake in shares of Vanguard Intermediate-Term Bond ETF during the first quarter valued at approximately $25,000. FAS Wealth Partners Inc. bought a new stake in Vanguard Intermediate-Term Bond ETF during the 2nd quarter valued at $28,000. Financial Connections Group Inc. acquired a new position in Vanguard Intermediate-Term Bond ETF during the second quarter worth $38,000. United Advisor Group LLC bought a new position in shares of Vanguard Intermediate-Term Bond ETF in the fourth quarter valued at $40,000. Finally, American National Bank grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 616.0% during the first quarter. American National Bank now owns 537 shares of the company’s stock valued at $40,000 after buying an additional 462 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

NYSEARCA:BIV opened at $78.25 on Friday. Vanguard Intermediate-Term Bond ETF has a one year low of $70.43 and a one year high of $78.57. The firm has a 50-day moving average of $76.61 and a 200-day moving average of $75.28.

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).