Concord Asset Management LLC VA Makes New $229,000 Investment in Vanguard Intermediate-Term Bond ETF $BIV

Concord Asset Management LLC VA acquired a new stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 2,960 shares of the company’s stock, valued at approximately $229,000.

A number of other hedge funds have also made changes to their positions in the stock. Professional Financial Advisors LLC increased its position in shares of Vanguard Intermediate-Term Bond ETF by 3.9% during the 1st quarter. Professional Financial Advisors LLC now owns 3,511 shares of the company’s stock valued at $269,000 after purchasing an additional 133 shares during the period. First Citizens Financial Corp boosted its stake in Vanguard Intermediate-Term Bond ETF by 1.6% during the second quarter. First Citizens Financial Corp now owns 8,386 shares of the company’s stock valued at $649,000 after buying an additional 136 shares in the last quarter. Spring Capital Management LLC grew its holdings in Vanguard Intermediate-Term Bond ETF by 0.9% during the second quarter. Spring Capital Management LLC now owns 16,370 shares of the company’s stock worth $1,266,000 after acquiring an additional 152 shares during the period. Southland Equity Partners LLC grew its holdings in Vanguard Intermediate-Term Bond ETF by 2.2% during the second quarter. Southland Equity Partners LLC now owns 7,087 shares of the company’s stock worth $548,000 after acquiring an additional 154 shares during the period. Finally, Verdence Capital Advisors LLC raised its position in Vanguard Intermediate-Term Bond ETF by 2.0% in the first quarter. Verdence Capital Advisors LLC now owns 8,506 shares of the company’s stock worth $651,000 after acquiring an additional 166 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

NYSEARCA:BIV opened at $78.39 on Tuesday. The company has a 50-day moving average of $77.87 and a 200-day moving average of $76.86. Vanguard Intermediate-Term Bond ETF has a twelve month low of $73.72 and a twelve month high of $78.79.

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).