Verus Financial Partners Inc. Buys 13,437 Shares of Vanguard Intermediate-Term Bond ETF $BIV

Verus Financial Partners Inc. lifted its position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 1.9% during the third quarter, HoldingsChannel reports. The institutional investor owned 720,389 shares of the company’s stock after purchasing an additional 13,437 shares during the period. Vanguard Intermediate-Term Bond ETF comprises approximately 4.5% of Verus Financial Partners Inc.’s holdings, making the stock its 8th biggest holding. Verus Financial Partners Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $52,488,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Envestnet Asset Management Inc. lifted its stake in Vanguard Intermediate-Term Bond ETF by 2.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 24,235,046 shares of the company’s stock worth $1,858,828,000 after purchasing an additional 680,629 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in Vanguard Intermediate-Term Bond ETF by 6.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 12,822,370 shares of the company’s stock valued at $983,476,000 after purchasing an additional 752,384 shares during the period. Bank of America Corp DE grew its position in shares of Vanguard Intermediate-Term Bond ETF by 8.1% during the 1st quarter. Bank of America Corp DE now owns 7,183,505 shares of the company’s stock valued at $554,423,000 after purchasing an additional 541,131 shares in the last quarter. Baird Financial Group Inc. grew its position in shares of Vanguard Intermediate-Term Bond ETF by 10.4% during the 2nd quarter. Baird Financial Group Inc. now owns 6,176,904 shares of the company’s stock valued at $473,769,000 after purchasing an additional 580,427 shares in the last quarter. Finally, True Link Financial Advisors LLC increased its holdings in shares of Vanguard Intermediate-Term Bond ETF by 4.9% in the third quarter. True Link Financial Advisors LLC now owns 5,985,616 shares of the company’s stock worth $436,112,000 after purchasing an additional 279,560 shares during the period.

Vanguard Intermediate-Term Bond ETF Trading Up 0.4%

Shares of BIV stock opened at $74.39 on Friday. Vanguard Intermediate-Term Bond ETF has a 52-week low of $72.31 and a 52-week high of $79.08. The business’s fifty day moving average is $73.95 and its 200 day moving average is $76.18.

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.