Vanguard Intermediate-Term Bond ETF $BIV Shares Bought by Lowe Brockenbrough & Co. Inc.

Lowe Brockenbrough & Co. Inc. lifted its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 696.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,686 shares of the company’s stock after purchasing an additional 7,595 shares during the quarter. Lowe Brockenbrough & Co. Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $666,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of BIV. Raleigh Capital Management Inc. grew its position in Vanguard Intermediate-Term Bond ETF by 6.1% in the 1st quarter. Raleigh Capital Management Inc. now owns 2,294 shares of the company’s stock valued at $177,000 after buying an additional 132 shares in the last quarter. Tcfg Wealth Management LLC increased its stake in Vanguard Intermediate-Term Bond ETF by 4.2% during the 1st quarter. Tcfg Wealth Management LLC now owns 3,506 shares of the company’s stock valued at $271,000 after buying an additional 141 shares during the period. Wealthcare Advisory Partners LLC raised its position in shares of Vanguard Intermediate-Term Bond ETF by 2.1% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 7,608 shares of the company’s stock worth $584,000 after buying an additional 153 shares in the last quarter. Oarsman Capital Inc. raised its position in shares of Vanguard Intermediate-Term Bond ETF by 5.3% during the 4th quarter. Oarsman Capital Inc. now owns 3,057 shares of the company’s stock worth $238,000 after buying an additional 154 shares in the last quarter. Finally, Zuckerman Investment Group LLC lifted its stake in shares of Vanguard Intermediate-Term Bond ETF by 1.6% in the 4th quarter. Zuckerman Investment Group LLC now owns 10,125 shares of the company’s stock worth $789,000 after acquiring an additional 156 shares during the period.

Vanguard Intermediate-Term Bond ETF Stock Performance

BIV opened at $75.60 on Friday. The business has a 50 day moving average price of $76.07 and a two-hundred day moving average price of $76.91. Vanguard Intermediate-Term Bond ETF has a 1-year low of $75.31 and a 1-year high of $79.08.

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). 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.