BNC Wealth Management LLC Invests $200,000 in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

BNC Wealth Management LLC purchased a new position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 2,679 shares of the company’s stock, valued at approximately $200,000.

A number of other institutional investors have also recently added to or reduced their stakes in BIV. True Link Financial Advisors LLC boosted its position in Vanguard Intermediate-Term Bond ETF by 31.8% in the 3rd quarter. True Link Financial Advisors LLC now owns 3,707,227 shares of the company’s stock valued at $290,535,000 after buying an additional 894,519 shares during the last quarter. EP Wealth Advisors LLC raised its holdings in shares of Vanguard Intermediate-Term Bond ETF by 38.5% during the third quarter. EP Wealth Advisors LLC now owns 3,037,989 shares of the company’s stock valued at $238,087,000 after buying an additional 844,917 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in Vanguard Intermediate-Term Bond ETF by 12.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 7,038,111 shares of the company’s stock worth $527,153,000 after purchasing an additional 770,007 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in Vanguard Intermediate-Term Bond ETF by 59.0% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 1,610,345 shares of the company’s stock worth $126,203,000 after purchasing an additional 597,770 shares in the last quarter. Finally, Sage Financial Management Group Inc. acquired a new position in Vanguard Intermediate-Term Bond ETF in the third quarter worth approximately $43,848,000.

Vanguard Intermediate-Term Bond ETF Trading Down 0.0 %

NYSEARCA BIV opened at $74.70 on Friday. Vanguard Intermediate-Term Bond ETF has a twelve month low of $72.95 and a twelve month high of $78.89. The firm’s 50 day moving average price is $75.25 and its two-hundred day moving average price is $76.38.

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).