D.A. Davidson & CO. Increases Stock Position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

D.A. Davidson & CO. raised its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 126.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 43,039 shares of the company’s stock after purchasing an additional 24,046 shares during the period. D.A. Davidson & CO.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $3,287,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in BIV. Sugarloaf Wealth Management LLC acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF in the fourth quarter valued at about $25,000. CVA Family Office LLC acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF in the fourth quarter valued at about $36,000. Financial Connections Group Inc. acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF in the fourth quarter valued at about $38,000. Financial Gravity Asset Management Inc. increased its position in Vanguard Intermediate-Term Bond ETF by 949.3% during the third quarter. Financial Gravity Asset Management Inc. now owns 787 shares of the company’s stock worth $56,000 after purchasing an additional 712 shares during the last quarter. Finally, Moss Adams Wealth Advisors LLC acquired a new stake in Vanguard Intermediate-Term Bond ETF during the third quarter worth about $69,000.

Vanguard Intermediate-Term Bond ETF Stock Performance

Vanguard Intermediate-Term Bond ETF stock opened at $74.25 on Friday. Vanguard Intermediate-Term Bond ETF has a 12-month low of $70.43 and a 12-month high of $76.76. The company has a 50-day moving average price of $74.24 and a 200 day moving average price of $74.75.

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).