Montecito Bank & Trust Acquires 10,710 Shares of Vanguard Intermediate-Term Bond ETF $BIV

Montecito Bank & Trust raised its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 5.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 199,312 shares of the company’s stock after buying an additional 10,710 shares during the period. Vanguard Intermediate-Term Bond ETF accounts for approximately 2.5% of Montecito Bank & Trust’s portfolio, making the stock its 4th biggest holding. Montecito Bank & Trust’s holdings in Vanguard Intermediate-Term Bond ETF were worth $15,383,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in BIV. Kelleher Financial Advisors bought a new stake in shares of Vanguard Intermediate-Term Bond ETF during the 3rd quarter worth about $30,000. Texas Capital Bancshares Inc TX bought a new position in shares of Vanguard Intermediate-Term Bond ETF in the 3rd quarter valued at approximately $31,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in Vanguard Intermediate-Term Bond ETF in the 4th quarter worth approximately $31,000. N.E.W. Advisory Services LLC lifted its holdings 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 worth $39,000 after purchasing an additional 245 shares during the last quarter. Finally, Laurel Wealth Advisors LLC bought a new stake in Vanguard Intermediate-Term Bond ETF during the fourth quarter worth approximately $41,000.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of Vanguard Intermediate-Term Bond ETF stock opened at $76.53 on Friday. Vanguard Intermediate-Term Bond ETF has a 12-month low of $75.63 and a 12-month high of $79.08. The stock has a 50 day moving average price of $76.74 and a two-hundred day moving average price of $77.46.

About Vanguard Intermediate-Term Bond ETF

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.