Scott Capital Advisors LLC Has $51.94 Million Position in Vanguard Intermediate-Term Bond ETF $BIV

Scott Capital Advisors LLC raised its holdings in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 5.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 677,229 shares of the company’s stock after buying an additional 36,243 shares during the period. Vanguard Intermediate-Term Bond ETF comprises 8.1% of Scott Capital Advisors LLC’s portfolio, making the stock its 3rd largest holding. Scott Capital Advisors LLC owned 0.18% of Vanguard Intermediate-Term Bond ETF worth $51,943,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Covenant Asset Management LLC purchased a new position in shares of Vanguard Intermediate-Term Bond ETF during the 4th quarter valued at about $1,177,000. D.A. Davidson & CO. lifted its holdings in Vanguard Intermediate-Term Bond ETF by 17.7% during the fourth quarter. D.A. Davidson & CO. now owns 97,768 shares of the company’s stock valued at $7,614,000 after purchasing an additional 14,697 shares in the last quarter. Wealth Advisory Team LLC purchased a new position in Vanguard Intermediate-Term Bond ETF during the fourth quarter valued at approximately $6,668,000. CWM LLC boosted its position in shares of Vanguard Intermediate-Term Bond ETF by 294.2% in the fourth quarter. CWM LLC now owns 58,601 shares of the company’s stock worth $4,564,000 after purchasing an additional 43,735 shares during the period. Finally, Amicus Financial Advisors LLC purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF in the fourth quarter worth $2,036,000.

Vanguard Intermediate-Term Bond ETF Stock Performance

BIV opened at $75.40 on Tuesday. Vanguard Intermediate-Term Bond ETF has a fifty-two week low of $75.31 and a fifty-two week high of $79.08. The firm’s fifty day moving average is $76.13 and its 200 day moving average is $76.96.

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). 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.