VCI Wealth Management LLC Purchases Shares of 31,303 Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

VCI Wealth Management LLC purchased a new stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 31,303 shares of the company’s stock, valued at approximately $2,391,000. Vanguard Intermediate-Term Bond ETF comprises about 1.5% of VCI Wealth Management LLC’s investment portfolio, making the stock its 17th biggest holding.

A number of other institutional investors and hedge funds also recently bought and sold shares of BIV. Sugarloaf Wealth Management LLC bought a new stake in shares of Vanguard Intermediate-Term Bond ETF in the 4th quarter worth about $25,000. CVA Family Office LLC purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF in the 4th quarter worth approximately $36,000. Financial Connections Group Inc. purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF in the 4th quarter worth approximately $38,000. Impact Partnership Wealth LLC lifted its position in shares of Vanguard Intermediate-Term Bond ETF by 42.0% in the 3rd quarter. Impact Partnership Wealth LLC now owns 727 shares of the company’s stock worth $53,000 after purchasing an additional 215 shares during the period. Finally, JFS Wealth Advisors LLC purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF in the 3rd quarter worth approximately $56,000.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of BIV traded down $0.21 during mid-day trading on Thursday, hitting $73.18. The company’s stock had a trading volume of 869,855 shares, compared to its average volume of 1,302,301. The company’s 50-day moving average is $74.65 and its 200-day moving average 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 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).