Arbor Wealth Advisors LLC Buys New Shares in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Arbor Wealth Advisors LLC bought a new stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 8,072 shares of the company’s stock, valued at approximately $617,000. Vanguard Intermediate-Term Bond ETF comprises about 0.6% of Arbor Wealth Advisors LLC’s investment portfolio, making the stock its 27th biggest holding.

Other institutional investors have also recently added to or reduced their stakes in the company. Opal Wealth Advisors LLC acquired a new position in Vanguard Intermediate-Term Bond ETF in the fourth quarter valued at $409,000. Greenwich Wealth Management LLC purchased a new stake in Vanguard Intermediate-Term Bond ETF during the third quarter valued at about $221,000. GSB Wealth Management LLC grew its position in Vanguard Intermediate-Term Bond ETF by 3.2% during the third quarter. GSB Wealth Management LLC now owns 9,884 shares of the company’s stock valued at $715,000 after acquiring an additional 308 shares during the period. Meeder Asset Management Inc. grew its position in Vanguard Intermediate-Term Bond ETF by 9.8% during the fourth quarter. Meeder Asset Management Inc. now owns 27,523 shares of the company’s stock valued at $2,102,000 after acquiring an additional 2,467 shares during the period. Finally, Avantax Advisory Services Inc. grew its position in Vanguard Intermediate-Term Bond ETF by 7.4% during the third quarter. Avantax Advisory Services Inc. now owns 352,789 shares of the company’s stock valued at $25,510,000 after acquiring an additional 24,252 shares during the period.

Vanguard Intermediate-Term Bond ETF Price Performance

BIV stock traded up $0.16 during trading on Tuesday, reaching $73.58. 1,117,976 shares of the stock traded hands, compared to its average volume of 1,309,995. The business’s 50 day moving average price is $74.67 and its 200-day moving average price is $74.39. Vanguard Intermediate-Term Bond ETF has a 52-week low of $70.43 and a 52-week high of $77.68.

Vanguard Intermediate-Term Bond ETF Company 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).