Verus Financial Partners Inc. Has $51.96 Million Stock Position in Vanguard Intermediate-Term Bond ETF $BIV

Verus Financial Partners Inc. boosted its position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 12.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 671,968 shares of the company’s stock after acquiring an additional 72,355 shares during the quarter. Vanguard Intermediate-Term Bond ETF accounts for approximately 4.7% of Verus Financial Partners Inc.’s investment portfolio, making the stock its 6th biggest holding. Verus Financial Partners Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $51,957,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in BIV. Wells Fargo & Company MN raised its holdings in shares of Vanguard Intermediate-Term Bond ETF by 5.1% in the 4th quarter. Wells Fargo & Company MN now owns 25,526,720 shares of the company’s stock valued at $1,988,021,000 after purchasing an additional 1,249,895 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in Vanguard Intermediate-Term Bond ETF by 13.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 11,227,638 shares of the company’s stock worth $874,408,000 after purchasing an additional 1,315,707 shares during the period. EP Wealth Advisors LLC bought a new position in Vanguard Intermediate-Term Bond ETF during the fourth quarter worth about $672,555,000. Morgan Stanley increased its position in Vanguard Intermediate-Term Bond ETF by 11.8% during the fourth quarter. Morgan Stanley now owns 7,471,592 shares of the company’s stock worth $581,888,000 after buying an additional 790,288 shares during the last quarter. Finally, True Link Financial Advisors LLC increased its position in Vanguard Intermediate-Term Bond ETF by 7.7% during the fourth quarter. True Link Financial Advisors LLC now owns 5,225,541 shares of the company’s stock worth $406,965,000 after buying an additional 373,290 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

NYSEARCA:BIV opened at $76.85 on Friday. Vanguard Intermediate-Term Bond ETF has a 12-month low of $75.63 and a 12-month high of $79.08. The stock’s 50 day moving average price is $76.68 and its two-hundred day moving average price is $77.41.

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). 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.