Farther Finance Advisors LLC Purchases 68,067 Shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Farther Finance Advisors LLC lifted its position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 14.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 526,783 shares of the company’s stock after acquiring an additional 68,067 shares during the quarter. Vanguard Intermediate-Term Bond ETF makes up approximately 1.0% of Farther Finance Advisors LLC’s portfolio, making the stock its 14th biggest position. Farther Finance Advisors LLC owned 0.18% of Vanguard Intermediate-Term Bond ETF worth $40,315,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Flagship Wealth Advisors LLC acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF during the fourth quarter valued at about $25,000. Montag A & Associates Inc. raised its holdings in Vanguard Intermediate-Term Bond ETF by 112.9% in the 4th quarter. Montag A & Associates Inc. now owns 379 shares of the company’s stock valued at $28,000 after buying an additional 201 shares during the last quarter. Newbridge Financial Services Group Inc. bought a new position in Vanguard Intermediate-Term Bond ETF in the 4th quarter valued at approximately $45,000. Financial Connections Group Inc. grew its holdings in Vanguard Intermediate-Term Bond ETF by 32.0% during the 4th quarter. Financial Connections Group Inc. now owns 681 shares of the company’s stock worth $50,000 after acquiring an additional 165 shares during the last quarter. Finally, Park Square Financial Group LLC bought a new stake in Vanguard Intermediate-Term Bond ETF during the 4th quarter worth approximately $51,000.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of NYSEARCA BIV opened at $75.67 on Monday. The firm has a 50 day moving average price of $76.02 and a two-hundred day moving average price of $75.66. Vanguard Intermediate-Term Bond ETF has a 52-week low of $73.72 and a 52-week high of $78.89.

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).