NewEdge Advisors LLC Increases Stake in Vanguard Intermediate-Term Bond ETF $BIV

NewEdge Advisors LLC increased its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 12.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 227,199 shares of the company’s stock after buying an additional 25,397 shares during the period. NewEdge Advisors LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $17,426,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of BIV. Baird Financial Group Inc. grew its holdings 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 worth $473,769,000 after acquiring an additional 580,427 shares during the period. XY Planning Network Inc. lifted its stake in shares of Vanguard Intermediate-Term Bond ETF by 75.0% in the 2nd quarter. XY Planning Network Inc. now owns 5,267 shares of the company’s stock valued at $404,000 after purchasing an additional 2,257 shares during the period. Parkside Financial Bank & Trust boosted its position in shares of Vanguard Intermediate-Term Bond ETF by 3.8% during the second quarter. Parkside Financial Bank & Trust now owns 264,305 shares of the company’s stock valued at $20,272,000 after purchasing an additional 9,751 shares in the last quarter. MLG Wealth Management DBA Pine Grove Financial Group purchased a new stake in Vanguard Intermediate-Term Bond ETF in the second quarter worth $219,000. Finally, Brown Lisle Cummings Inc. purchased a new stake in Vanguard Intermediate-Term Bond ETF in the second quarter worth $31,000.

Vanguard Intermediate-Term Bond ETF Trading Down 0.7%

BIV opened at $74.16 on Friday. The stock has a fifty day simple moving average of $75.58 and a two-hundred day simple moving average of $76.52. Vanguard Intermediate-Term Bond ETF has a 12-month low of $74.13 and a 12-month high of $79.08.

About Vanguard Intermediate-Term Bond ETF

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.