Vertrix Wealth Management LLC Has $15.02 Million Position in Vanguard Intermediate-Term Bond ETF $BIV

Vertrix Wealth Management LLC raised its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 34.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 195,820 shares of the company’s stock after acquiring an additional 49,975 shares during the quarter. Vanguard Intermediate-Term Bond ETF comprises 5.1% of Vertrix Wealth Management LLC’s holdings, making the stock its largest position. Vertrix Wealth Management LLC owned 0.05% of Vanguard Intermediate-Term Bond ETF worth $15,019,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. IFC & Insurance Marketing Inc. lifted its position in Vanguard Intermediate-Term Bond ETF by 2.4% during the second quarter. IFC & Insurance Marketing Inc. now owns 82,235 shares of the company’s stock worth $6,307,000 after acquiring an additional 1,945 shares during the last quarter. Great Waters Wealth Management acquired a new position in shares of Vanguard Intermediate-Term Bond ETF in the second quarter valued at approximately $261,000. Everhart Financial Group Inc. grew its position in shares of Vanguard Intermediate-Term Bond ETF by 3.7% in the second quarter. Everhart Financial Group Inc. now owns 381,781 shares of the company’s stock valued at $29,283,000 after purchasing an additional 13,494 shares during the last quarter. Sax Wealth Advisors LLC bought a new position in shares of Vanguard Intermediate-Term Bond ETF during the second quarter worth approximately $476,000. Finally, Breakwater Capital Group increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 2.9% during the second quarter. Breakwater Capital Group now owns 28,648 shares of the company’s stock worth $2,197,000 after purchasing an additional 814 shares during the period.

Vanguard Intermediate-Term Bond ETF Price Performance

NYSEARCA:BIV opened at $75.69 on Monday. The stock has a 50 day simple moving average of $76.15 and a 200 day simple moving average of $76.98. Vanguard Intermediate-Term Bond ETF has a 1-year low of $75.31 and a 1-year high of $79.08.

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.