Staley Capital Advisers Inc. Takes $600,000 Position in Vanguard Intermediate-Term Bond ETF $BIV

Staley Capital Advisers Inc. acquired a new position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) in the first quarter, HoldingsChannel.com reports. The institutional investor acquired 7,770 shares of the company’s stock, valued at approximately $600,000.

Several other institutional investors have also recently modified their holdings of the stock. Farmers & Merchants Trust Co of Chambersburg PA lifted its stake in shares of Vanguard Intermediate-Term Bond ETF by 7.9% during the first quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 492,315 shares of the company’s stock valued at $37,997,000 after buying an additional 35,975 shares during the period. Golden Road Advisors LLC grew its stake in Vanguard Intermediate-Term Bond ETF by 49.7% in the 1st quarter. Golden Road Advisors LLC now owns 7,866 shares of the company’s stock worth $607,000 after acquiring an additional 2,613 shares during the period. Brighton Securities CORP. grew its stake in Vanguard Intermediate-Term Bond ETF by 12.7% in the 1st quarter. Brighton Securities CORP. now owns 434,815 shares of the company’s stock worth $33,559,000 after acquiring an additional 49,146 shares during the period. Sagace Wealth Management LLC raised its holdings in Vanguard Intermediate-Term Bond ETF by 1.1% in the 1st quarter. Sagace Wealth Management LLC now owns 83,824 shares of the company’s stock valued at $6,470,000 after acquiring an additional 929 shares during the last quarter. Finally, Montz Harcus Wealth Management LLC raised its holdings in Vanguard Intermediate-Term Bond ETF by 5.8% in the 1st quarter. Montz Harcus Wealth Management LLC now owns 5,041 shares of the company’s stock valued at $389,000 after acquiring an additional 277 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of Vanguard Intermediate-Term Bond ETF stock opened at $75.96 on Thursday. Vanguard Intermediate-Term Bond ETF has a fifty-two week low of $75.63 and a fifty-two week high of $79.08. The business’s fifty day moving average is $76.51 and its two-hundred day moving average is $77.31.

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.