DAVENPORT & Co LLC Purchases 15,279 Shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

DAVENPORT & Co LLC raised its position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 11.5% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 148,122 shares of the company’s stock after purchasing an additional 15,279 shares during the quarter. DAVENPORT & Co LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $11,342,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of BIV. Flagship Wealth Advisors LLC purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF during the fourth quarter valued at approximately $25,000. Park Square Financial Group LLC purchased a new stake in Vanguard Intermediate-Term Bond ETF during the 4th quarter valued at $51,000. GSB Wealth Management LLC purchased a new stake in Vanguard Intermediate-Term Bond ETF during the 1st quarter valued at $51,000. Hurley Capital LLC bought a new stake in shares of Vanguard Intermediate-Term Bond ETF in the 4th quarter worth $55,000. Finally, Rialto Wealth Management LLC purchased a new position in shares of Vanguard Intermediate-Term Bond ETF in the fourth quarter worth $57,000.

Vanguard Intermediate-Term Bond ETF Stock Down 0.1%

Shares of NYSEARCA:BIV opened at $76.92 on Thursday. Vanguard Intermediate-Term Bond ETF has a 1 year low of $73.72 and a 1 year high of $78.89. The stock’s fifty day moving average price is $76.24 and its 200-day moving average price is $75.72.

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).