Montecito Bank & Trust Takes Position in Vanguard Intermediate-Term Bond ETF $BIV

Montecito Bank & Trust acquired a new position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 192,054 shares of the company’s stock, valued at approximately $14,997,000. Vanguard Intermediate-Term Bond ETF makes up 2.3% of Montecito Bank & Trust’s holdings, making the stock its 5th biggest holding. Montecito Bank & Trust owned about 0.06% of Vanguard Intermediate-Term Bond ETF at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in BIV. Beacon Capital Management Inc. raised its holdings in shares of Vanguard Intermediate-Term Bond ETF by 624.3% during the 1st quarter. Beacon Capital Management Inc. now owns 6,022,945 shares of the company’s stock worth $456,660,000 after acquiring an additional 5,191,374 shares during the period. American Trust purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF in the second quarter valued at about $82,058,000. Wit LLC increased its position in Vanguard Intermediate-Term Bond ETF by 117,987.6% during the first quarter. Wit LLC now owns 839,603 shares of the company’s stock worth $68,621,000 after purchasing an additional 838,892 shares during the last quarter. EP Wealth Advisors LLC raised its stake in Vanguard Intermediate-Term Bond ETF by 17.9% during the first quarter. EP Wealth Advisors LLC now owns 5,394,520 shares of the company’s stock worth $413,058,000 after purchasing an additional 819,212 shares during the period. Finally, Envestnet Asset Management Inc. grew its stake in shares of Vanguard Intermediate-Term Bond ETF by 2.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 18,569,598 shares of the company’s stock valued at $1,436,171,000 after buying an additional 477,188 shares during the period.

Vanguard Intermediate-Term Bond ETF Stock Down 0.0%

BIV stock opened at $78.08 on Thursday. The firm’s 50 day moving average price is $78.29 and its 200-day moving average price is $77.60. Vanguard Intermediate-Term Bond ETF has a one year low of $73.72 and a one year high of $78.91.

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).