Parkside Financial Bank & Trust Grows Stock Position in Vanguard Intermediate-Term Bond ETF $BIV

Parkside Financial Bank & Trust grew its position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 5.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 229,131 shares of the company’s stock after purchasing an additional 11,603 shares during the quarter. Vanguard Intermediate-Term Bond ETF makes up about 1.4% of Parkside Financial Bank & Trust’s investment portfolio, making the stock its 10th largest holding. Parkside Financial Bank & Trust owned approximately 0.07% of Vanguard Intermediate-Term Bond ETF worth $17,893,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Evolution Wealth Management Inc. bought a new position in Vanguard Intermediate-Term Bond ETF in the 2nd quarter worth $26,000. Blue Trust Inc. raised its holdings in Vanguard Intermediate-Term Bond ETF by 85.5% during the third quarter. Blue Trust Inc. now owns 371 shares of the company’s stock valued at $29,000 after acquiring an additional 171 shares during the period. First Community Trust NA purchased a new position in shares of Vanguard Intermediate-Term Bond ETF in the third quarter valued at about $30,000. ORG Partners LLC lifted its position in shares of Vanguard Intermediate-Term Bond ETF by 177.8% in the second quarter. ORG Partners LLC now owns 400 shares of the company’s stock valued at $31,000 after acquiring an additional 256 shares in the last quarter. Finally, Alpine Bank Wealth Management bought a new position in shares of Vanguard Intermediate-Term Bond ETF in the third quarter worth about $33,000.

Vanguard Intermediate-Term Bond ETF Stock Performance

NYSEARCA:BIV opened at $77.74 on Friday. The stock has a 50-day moving average price of $78.05 and a 200 day moving average price of $77.85. Vanguard Intermediate-Term Bond ETF has a 12-month low of $74.44 and a 12-month high of $78.91.

Vanguard Intermediate-Term Bond ETF Company 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). 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.