Verus Financial Partners Inc. Has $44.72 Million Position in Vanguard Intermediate-Term Bond ETF $BIV

Verus Financial Partners Inc. raised its position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 2.6% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 572,671 shares of the company’s stock after acquiring an additional 14,561 shares during the period. Vanguard Intermediate-Term Bond ETF comprises 4.3% of Verus Financial Partners Inc.’s portfolio, making the stock its 8th biggest position. Verus Financial Partners Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $44,720,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Envestnet Asset Management Inc. increased its position in shares of Vanguard Intermediate-Term Bond ETF by 2.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 18,569,598 shares of the company’s stock worth $1,436,171,000 after purchasing an additional 477,188 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Vanguard Intermediate-Term Bond ETF by 5.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 9,106,889 shares of the company’s stock worth $704,327,000 after buying an additional 461,305 shares during the last quarter. EP Wealth Advisors LLC lifted its position in Vanguard Intermediate-Term Bond ETF by 12.6% during the second quarter. EP Wealth Advisors LLC now owns 6,071,963 shares of the company’s stock worth $469,606,000 after acquiring an additional 677,443 shares during the last quarter. True Link Financial Advisors LLC grew its holdings in Vanguard Intermediate-Term Bond ETF by 3.6% in the 2nd quarter. True Link Financial Advisors LLC now owns 4,562,493 shares of the company’s stock valued at $352,863,000 after buying an additional 159,670 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its position in Vanguard Intermediate-Term Bond ETF by 1.2% during the second quarter. Ameriprise Financial Inc. now owns 3,977,300 shares of the company’s stock worth $307,552,000 after acquiring an additional 46,420 shares during the period.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of BIV stock opened at $77.74 on Friday. Vanguard Intermediate-Term Bond ETF has a 1 year low of $74.44 and a 1 year high of $78.91. The stock has a 50 day simple moving average of $78.05 and a 200 day simple moving average of $77.85.

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). 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.