Vanguard Intermediate-Term Bond ETF $BIV Shares Purchased by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. boosted its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 71.5% in the 2nd quarter, Holdings Channel reports. The firm owned 22,085 shares of the company’s stock after buying an additional 9,209 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $1,694,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Diversify Advisory Services LLC lifted its stake in shares of Vanguard Intermediate-Term Bond ETF by 602.7% during the second quarter. Diversify Advisory Services LLC now owns 20,834 shares of the company’s stock worth $1,610,000 after purchasing an additional 17,869 shares in the last quarter. Diversify Wealth Management LLC acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF in the second quarter valued at about $250,000. Raymond James Financial Inc. grew its stake in shares of Vanguard Intermediate-Term Bond ETF by 20.1% in the second quarter. Raymond James Financial Inc. now owns 1,923,304 shares of the company’s stock valued at $148,748,000 after buying an additional 322,207 shares in the last quarter. Ausdal Financial Partners Inc. grew its stake in shares of Vanguard Intermediate-Term Bond ETF by 0.8% in the second quarter. Ausdal Financial Partners Inc. now owns 32,739 shares of the company’s stock valued at $2,532,000 after buying an additional 264 shares in the last quarter. Finally, Jane Street Group LLC purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF during the 2nd quarter valued at about $17,088,000.

Vanguard Intermediate-Term Bond ETF Price Performance

Vanguard Intermediate-Term Bond ETF stock opened at $75.60 on Friday. The stock’s 50 day moving average price is $76.07 and its 200 day moving average price is $76.91. Vanguard Intermediate-Term Bond ETF has a one year low of $75.31 and a one year high of $79.08.

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.