Vanguard Intermediate-Term Bond ETF $BIV Shares Bought by Montecito Bank & Trust

Montecito Bank & Trust grew its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 5.7% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 199,312 shares of the company’s stock after acquiring an additional 10,710 shares during the period. Vanguard Intermediate-Term Bond ETF accounts for 2.5% of Montecito Bank & Trust’s investment portfolio, making the stock its 4th biggest holding. Montecito Bank & Trust owned 0.05% of Vanguard Intermediate-Term Bond ETF worth $15,383,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of BIV. CRA Financial Services LLC grew its stake in Vanguard Intermediate-Term Bond ETF by 3.8% in the fourth quarter. CRA Financial Services LLC now owns 3,530 shares of the company’s stock valued at $275,000 after purchasing an additional 130 shares in the last quarter. World Equity Group Inc. raised its stake in shares of Vanguard Intermediate-Term Bond ETF by 3.7% during the 4th quarter. World Equity Group Inc. now owns 3,853 shares of the company’s stock worth $300,000 after purchasing an additional 138 shares in the last quarter. Koshinski Asset Management Inc. raised its stake in shares of Vanguard Intermediate-Term Bond ETF by 1.1% during the 3rd quarter. Koshinski Asset Management Inc. now owns 13,194 shares of the company’s stock worth $1,030,000 after purchasing an additional 141 shares in the last quarter. Oarsman Capital Inc. lifted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 5.2% during the 3rd quarter. Oarsman Capital Inc. now owns 2,903 shares of the company’s stock valued at $227,000 after buying an additional 143 shares during the last quarter. Finally, IFP Advisors Inc lifted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 1.2% during the 3rd quarter. IFP Advisors Inc now owns 12,670 shares of the company’s stock valued at $989,000 after buying an additional 151 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of NYSEARCA BIV opened at $76.53 on Friday. The business has a 50 day simple moving average of $76.74 and a 200 day simple moving average of $77.46. Vanguard Intermediate-Term Bond ETF has a 52 week low of $75.63 and a 52 week high of $79.08.

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). 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.