M3 Wealth Management LLC Buys New Stake in Vanguard Intermediate-Term Bond ETF $BIV

M3 Wealth Management LLC bought a new stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) in the 4th quarter, according to its most recent filing with the SEC. The fund bought 16,811 shares of the company’s stock, valued at approximately $1,309,000. Vanguard Intermediate-Term Bond ETF accounts for 1.0% of M3 Wealth Management LLC’s investment portfolio, making the stock its 26th largest holding.

A number of other large investors also recently added to or reduced their stakes in BIV. Kelleher Financial Advisors acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF in the third quarter valued at about $30,000. Texas Capital Bancshares Inc TX acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF in the third quarter valued at about $31,000. N.E.W. Advisory Services LLC lifted its stake in Vanguard Intermediate-Term Bond ETF by 96.1% in the 4th quarter. N.E.W. Advisory Services LLC now owns 500 shares of the company’s stock valued at $39,000 after buying an additional 245 shares in the last quarter. Laurel Wealth Advisors LLC purchased a new position in Vanguard Intermediate-Term Bond ETF in the 4th quarter valued at about $41,000. Finally, Global Trust Asset Management LLC purchased a new position in Vanguard Intermediate-Term Bond ETF in the 4th quarter valued at about $45,000.

Vanguard Intermediate-Term Bond ETF Stock Up 0.4%

Shares of Vanguard Intermediate-Term Bond ETF stock opened at $76.58 on Wednesday. Vanguard Intermediate-Term Bond ETF has a twelve month low of $75.63 and a twelve month high of $79.08. The firm’s 50-day moving average price is $76.95 and its 200 day moving average price is $77.68.

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.