Mitchell Mcleod Pugh & Williams Inc. Boosts Position in Vanguard Intermediate-Term Bond ETF $BIV

Mitchell Mcleod Pugh & Williams Inc. increased its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 38.2% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 87,257 shares of the company’s stock after acquiring an additional 24,118 shares during the quarter. Vanguard Intermediate-Term Bond ETF comprises 1.3% of Mitchell Mcleod Pugh & Williams Inc.’s holdings, making the stock its 14th largest position. Mitchell Mcleod Pugh & Williams Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $6,748,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in BIV. GAMMA Investing LLC increased its stake in Vanguard Intermediate-Term Bond ETF by 43.4% in the 1st quarter. GAMMA Investing LLC now owns 99,433 shares of the company’s stock worth $7,614,000 after buying an additional 30,080 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in Vanguard Intermediate-Term Bond ETF by 3.1% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 1,762,045 shares of the company’s stock worth $134,920,000 after buying an additional 53,494 shares during the period. Dynamic Advisor Solutions LLC purchased a new position in Vanguard Intermediate-Term Bond ETF during the 1st quarter valued at about $1,635,000. Exchange Traded Concepts LLC increased its position in Vanguard Intermediate-Term Bond ETF by 117.1% during the 1st quarter. Exchange Traded Concepts LLC now owns 43,246 shares of the company’s stock valued at $3,311,000 after purchasing an additional 23,330 shares during the period. Finally, North Star Investment Management Corp. increased its position in Vanguard Intermediate-Term Bond ETF by 56.2% during the 1st quarter. North Star Investment Management Corp. now owns 948 shares of the company’s stock valued at $73,000 after purchasing an additional 341 shares during the period.

Vanguard Intermediate-Term Bond ETF Price Performance

NYSEARCA BIV opened at $78.50 on Wednesday. The company’s 50-day simple moving average is $77.89 and its two-hundred day simple moving average is $76.87. Vanguard Intermediate-Term Bond ETF has a one year low of $73.72 and a one year high of $78.79.

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).