Smart Money Group LLC Increases Holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Smart Money Group LLC grew its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 14.6% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 37,050 shares of the company’s stock after buying an additional 4,712 shares during the quarter. Smart Money Group LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $2,769,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Exchange Traded Concepts LLC bought a new stake in shares of Vanguard Intermediate-Term Bond ETF during the 3rd quarter valued at about $618,000. Brookstone Capital Management boosted its position in Vanguard Intermediate-Term Bond ETF by 12.1% during the 4th quarter. Brookstone Capital Management now owns 126,119 shares of the company’s stock valued at $9,425,000 after acquiring an additional 13,651 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 53.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 415,162 shares of the company’s stock worth $32,536,000 after acquiring an additional 143,861 shares during the period. Gemmer Asset Management LLC raised its position in shares of Vanguard Intermediate-Term Bond ETF by 2.5% in the 3rd quarter. Gemmer Asset Management LLC now owns 129,608 shares of the company’s stock worth $10,157,000 after acquiring an additional 3,133 shares in the last quarter. Finally, CWM LLC lifted its stake in shares of Vanguard Intermediate-Term Bond ETF by 10.2% in the 3rd quarter. CWM LLC now owns 9,943 shares of the company’s stock valued at $779,000 after purchasing an additional 923 shares during the period.

Vanguard Intermediate-Term Bond ETF Stock Performance

NYSEARCA BIV opened at $74.70 on Monday. The stock’s 50 day moving average is $75.25 and its 200 day moving average is $76.39. Vanguard Intermediate-Term Bond ETF has a twelve month low of $72.95 and a twelve month high of $78.89.

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).