Vanguard Intermediate-Term Bond ETF $BIV Shares Acquired by Hoge Financial Services LLC

Hoge Financial Services LLC raised its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 24.8% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 356,107 shares of the company’s stock after purchasing an additional 70,839 shares during the period. Vanguard Intermediate-Term Bond ETF accounts for approximately 14.7% of Hoge Financial Services LLC’s investment portfolio, making the stock its 2nd biggest position. Hoge Financial Services LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $27,484,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Covenant Asset Management LLC acquired a new position in shares of Vanguard Intermediate-Term Bond ETF in the 4th quarter worth approximately $1,177,000. Clarity Wealth Advisors LLC increased its position in shares of Vanguard Intermediate-Term Bond ETF by 18.4% during the fourth quarter. Clarity Wealth Advisors LLC now owns 135,024 shares of the company’s stock worth $10,516,000 after buying an additional 21,013 shares during the period. Fonville Wealth Management LLC increased its position in shares of Vanguard Intermediate-Term Bond ETF by 34.8% during the fourth quarter. Fonville Wealth Management LLC now owns 177,008 shares of the company’s stock worth $13,785,000 after buying an additional 45,702 shares during the period. Betterment LLC raised its stake in Vanguard Intermediate-Term Bond ETF by 7.2% during the third quarter. Betterment LLC now owns 282,041 shares of the company’s stock worth $22,025,000 after buying an additional 19,017 shares during the last quarter. Finally, Asset Allocation & Management Company LLC bought a new position in Vanguard Intermediate-Term Bond ETF during the fourth quarter worth $1,150,000.

Vanguard Intermediate-Term Bond ETF Stock Performance

BIV stock opened at $76.85 on Friday. The company’s fifty day simple moving average is $76.68 and its 200 day simple moving average is $77.41. Vanguard Intermediate-Term Bond ETF has a 12-month low of $75.63 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.