Ocean Park Asset Management LLC Takes Position in Vanguard Intermediate-Term Bond ETF $BIV

Ocean Park Asset Management LLC purchased a new stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 11,261 shares of the company’s stock, valued at approximately $869,000.

A number of other large investors have also added to or reduced their stakes in the stock. 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 bought a new stake in shares of Vanguard Intermediate-Term Bond ETF during the 3rd quarter valued at $31,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of Vanguard Intermediate-Term Bond ETF during the 4th quarter valued at $31,000. N.E.W. Advisory Services LLC grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 96.1% during the 4th 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 in the last quarter. Finally, Laurel Wealth Advisors LLC acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF during the 4th quarter worth $41,000.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of NYSEARCA BIV opened at $76.53 on Monday. Vanguard Intermediate-Term Bond ETF has a 52 week low of $75.63 and a 52 week high of $79.08. The stock’s fifty day moving average is $76.74 and its 200 day moving average is $77.45.

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.