Vanguard Intermediate-Term Bond ETF $BIV Shares Bought by Ironwood Financial llc

Ironwood Financial llc lifted its position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 48.4% in the third quarter, Holdings Channel.com reports. The institutional investor owned 71,426 shares of the company’s stock after purchasing an additional 23,303 shares during the period. Ironwood Financial llc’s holdings in Vanguard Intermediate-Term Bond ETF were worth $5,204,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of BIV. Johnson Financial Group Inc. bought a new stake in shares of Vanguard Intermediate-Term Bond ETF during the 1st quarter worth $28,000. Brown Lisle Cummings Inc. bought a new position in Vanguard Intermediate-Term Bond ETF in the 2nd quarter worth $31,000. Darwin Wealth Management LLC bought a new position in Vanguard Intermediate-Term Bond ETF in the 1st quarter worth $36,000. Hollencrest Capital Management bought a new position in Vanguard Intermediate-Term Bond ETF in the 1st quarter worth $37,000. Finally, GK Wealth Management LLC acquired a new position in Vanguard Intermediate-Term Bond ETF during the 3rd quarter worth $40,000.

Vanguard Intermediate-Term Bond ETF Price Performance

Vanguard Intermediate-Term Bond ETF stock opened at $73.41 on Wednesday. Vanguard Intermediate-Term Bond ETF has a fifty-two week low of $72.31 and a fifty-two week high of $79.08. The firm has a fifty day moving average price of $74.20 and a two-hundred day moving average price of $75.67.

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). 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.