Fifth Third Bancorp Acquires 1,369,725 Shares of Vanguard Intermediate-Term Bond ETF $BIV

Fifth Third Bancorp boosted its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 1,077.4% in the 1st quarter, Holdings Channel.com reports. The firm owned 1,496,862 shares of the company’s stock after acquiring an additional 1,369,725 shares during the period. Fifth Third Bancorp’s holdings in Vanguard Intermediate-Term Bond ETF were worth $115,528,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently made changes to their positions in BIV. Kelleher Financial Advisors bought a new position in Vanguard Intermediate-Term Bond ETF during the 3rd quarter worth $30,000. Texas Capital Bancshares Inc TX acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF during the 3rd quarter worth $31,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of Vanguard Intermediate-Term Bond ETF in the fourth quarter worth $31,000. Darwin Wealth Management LLC acquired a new position in Vanguard Intermediate-Term Bond ETF in the first quarter valued at about $36,000. Finally, N.E.W. Advisory Services LLC lifted its position in Vanguard Intermediate-Term Bond ETF by 96.1% during the fourth quarter. N.E.W. Advisory Services LLC now owns 500 shares of the company’s stock worth $39,000 after purchasing an additional 245 shares during the period.

Vanguard Intermediate-Term Bond ETF Price Performance

BIV stock traded down $0.06 during mid-day trading on Friday, hitting $76.02. The stock had a trading volume of 1,397,103 shares, compared to its average volume of 1,972,286. The firm has a fifty day simple moving average of $76.47 and a 200 day simple moving average of $77.29. 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 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.