Maloon Powers Pitre Higgins & Dennehy LLC Invests $869,000 in Vanguard Intermediate-Term Bond ETF $BIV

Maloon Powers Pitre Higgins & Dennehy LLC acquired a new stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 11,324 shares of the company’s stock, valued at approximately $869,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. EP Wealth Advisors LLC acquired a new position in Vanguard Intermediate-Term Bond ETF in the fourth quarter valued at approximately $672,555,000. Fifth Third Bancorp raised its holdings in Vanguard Intermediate-Term Bond ETF by 1,077.4% during the first quarter. Fifth Third Bancorp now owns 1,496,862 shares of the company’s stock worth $115,528,000 after purchasing an additional 1,369,725 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in Vanguard Intermediate-Term Bond ETF by 13.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 11,227,638 shares of the company’s stock worth $874,408,000 after purchasing an additional 1,315,707 shares in the last quarter. Wells Fargo & Company MN lifted its position in shares of Vanguard Intermediate-Term Bond ETF by 5.1% during the 4th quarter. Wells Fargo & Company MN now owns 25,526,720 shares of the company’s stock worth $1,988,021,000 after buying an additional 1,249,895 shares during the last quarter. Finally, Morgan Stanley lifted its position in shares of Vanguard Intermediate-Term Bond ETF by 11.8% during the 4th quarter. Morgan Stanley now owns 7,471,592 shares of the company’s stock worth $581,888,000 after buying an additional 790,288 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of Vanguard Intermediate-Term Bond ETF stock opened at $74.94 on Friday. The company has a fifty day simple moving average of $75.74 and a 200-day simple moving average of $76.64. Vanguard Intermediate-Term Bond ETF has a 12-month low of $74.79 and a 12-month 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.