Brady Martz Wealth Solutions LLC Takes $247,000 Position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Brady Martz Wealth Solutions LLC bought a new position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 3,349 shares of the company’s stock, valued at approximately $247,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Vanguard Intermediate-Term Bond ETF by 12.3% in 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 during the period. LPL Financial LLC grew its position in Vanguard Intermediate-Term Bond ETF by 3.7% during the third quarter. LPL Financial LLC now owns 3,868,222 shares of the company’s stock worth $303,153,000 after buying an additional 139,780 shares in the last quarter. True Link Financial Advisors LLC grew its position in Vanguard Intermediate-Term Bond ETF by 31.8% during the third quarter. True Link Financial Advisors LLC now owns 3,707,227 shares of the company’s stock worth $290,535,000 after buying an additional 894,519 shares in the last quarter. EP Wealth Advisors LLC increased its stake in Vanguard Intermediate-Term Bond ETF by 38.5% in the 3rd quarter. EP Wealth Advisors LLC now owns 3,037,989 shares of the company’s stock worth $238,087,000 after acquiring an additional 844,917 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in shares of Vanguard Intermediate-Term Bond ETF by 59.0% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 1,610,345 shares of the company’s stock valued at $126,203,000 after acquiring an additional 597,770 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

BIV stock opened at $74.70 on Friday. The company’s 50 day moving average is $75.25 and its 200 day moving average is $76.38. Vanguard Intermediate-Term Bond ETF has a 1-year low of $72.95 and a 1-year high of $78.89.

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).