Vanguard Intermediate-Term Bond ETF $BIV Shares Bought by Zhang Financial LLC

Zhang Financial LLC lifted its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 33.8% during the fourth quarter, HoldingsChannel reports. The firm owned 1,520,153 shares of the company’s stock after purchasing an additional 383,659 shares during the period. Vanguard Intermediate-Term Bond ETF comprises 4.4% of Zhang Financial LLC’s investment portfolio, making the stock its 7th biggest position. Zhang Financial LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $118,389,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Kelleher Financial Advisors bought a new stake in Vanguard Intermediate-Term Bond ETF during the 3rd quarter valued at approximately $30,000. Texas Capital Bancshares Inc TX bought a new stake in Vanguard Intermediate-Term Bond ETF during the 3rd quarter valued at approximately $31,000. N.E.W. Advisory Services LLC boosted its stake in Vanguard Intermediate-Term Bond ETF by 96.1% during the 4th quarter. N.E.W. Advisory Services LLC now owns 500 shares of the company’s stock valued at $39,000 after purchasing an additional 245 shares during the period. Laurel Wealth Advisors LLC bought a new stake in Vanguard Intermediate-Term Bond ETF during the 4th quarter valued at approximately $41,000. Finally, Global Trust Asset Management LLC bought a new stake in Vanguard Intermediate-Term Bond ETF during the 4th quarter valued at approximately $45,000.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of NYSEARCA:BIV opened at $76.76 on Friday. The business has a 50 day moving average price of $76.92 and a 200 day moving average price of $77.66. Vanguard Intermediate-Term Bond ETF has a twelve month low of $75.63 and a twelve month high of $79.08.

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.