Mach 1 Financial Group LLC Increases Stake in Vanguard Intermediate-Term Bond ETF $BIV

Mach 1 Financial Group LLC boosted its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 17.7% during the 4th quarter, HoldingsChannel.com reports. The fund owned 152,992 shares of the company’s stock after acquiring an additional 22,953 shares during the period. Vanguard Intermediate-Term Bond ETF accounts for 2.4% of Mach 1 Financial Group LLC’s portfolio, making the stock its 6th biggest position. Mach 1 Financial Group LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $11,915,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. Clarity Wealth Advisors LLC boosted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 18.4% during the 4th quarter. Clarity Wealth Advisors LLC now owns 135,024 shares of the company’s stock worth $10,516,000 after buying an additional 21,013 shares in the last quarter. Fonville Wealth Management LLC boosted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 34.8% during the 4th quarter. Fonville Wealth Management LLC now owns 177,008 shares of the company’s stock worth $13,785,000 after buying an additional 45,702 shares in the last quarter. Covenant Asset Management LLC bought a new position in shares of Vanguard Intermediate-Term Bond ETF during the 4th quarter worth approximately $1,177,000. Betterment LLC boosted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 7.2% during the 3rd quarter. Betterment LLC now owns 282,041 shares of the company’s stock worth $22,025,000 after buying an additional 19,017 shares in the last quarter. Finally, Asset Allocation & Management Company LLC bought a new position in shares of Vanguard Intermediate-Term Bond ETF during the 4th quarter worth approximately $1,150,000.

Vanguard Intermediate-Term Bond ETF Stock Performance

Vanguard Intermediate-Term Bond ETF stock opened at $76.20 on Thursday. Vanguard Intermediate-Term Bond ETF has a 52-week low of $75.28 and a 52-week high of $79.08. The stock’s 50 day moving average price is $77.04 and its two-hundred day moving average price is $77.73.

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.