Strategic Investment Advisors MI Increases Position in Vanguard Intermediate-Term Bond ETF $BIV

Strategic Investment Advisors MI increased its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 73.3% in the 1st quarter, HoldingsChannel.com reports. The fund owned 43,473 shares of the company’s stock after buying an additional 18,392 shares during the period. Strategic Investment Advisors MI’s holdings in Vanguard Intermediate-Term Bond ETF were worth $3,356,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of BIV. Johnson Financial Group Inc. bought a new stake in Vanguard Intermediate-Term Bond ETF during the first quarter worth $28,000. Kelleher Financial Advisors bought a new position in Vanguard Intermediate-Term Bond ETF in the 3rd quarter valued at $30,000. Texas Capital Bancshares Inc TX purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF during the 3rd quarter valued at $31,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF during the 4th quarter valued at $31,000. Finally, Darwin Wealth Management LLC purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF during the 1st quarter valued at $36,000.

Vanguard Intermediate-Term Bond ETF Trading Down 0.3%

NYSEARCA BIV opened at $75.61 on Thursday. The business’s fifty day moving average is $76.27 and its 200-day moving average is $77.09. Vanguard Intermediate-Term Bond ETF has a one year low of $75.35 and a one year high of $79.08.

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.