Burt Wealth Advisors Has $29.82 Million Position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Burt Wealth Advisors raised its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 4.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 380,522 shares of the company’s stock after buying an additional 16,595 shares during the period. Vanguard Intermediate-Term Bond ETF makes up about 7.3% of Burt Wealth Advisors’ investment portfolio, making the stock its 3rd largest holding. Burt Wealth Advisors’ holdings in Vanguard Intermediate-Term Bond ETF were worth $29,821,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. FAS Wealth Partners Inc. purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF in the 2nd quarter valued at approximately $28,000. Blue Trust Inc. boosted its position in shares of Vanguard Intermediate-Term Bond ETF by 88.7% in the third quarter. Blue Trust Inc. now owns 402 shares of the company’s stock worth $30,000 after buying an additional 189 shares during the period. Financial Connections Group Inc. acquired a new position in Vanguard Intermediate-Term Bond ETF during the second quarter valued at $38,000. Armstrong Advisory Group Inc. grew its stake in Vanguard Intermediate-Term Bond ETF by 504.0% during the 3rd quarter. Armstrong Advisory Group Inc. now owns 610 shares of the company’s stock valued at $48,000 after acquiring an additional 509 shares in the last quarter. Finally, Sugarloaf Wealth Management LLC increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 40.3% in the second quarter. Sugarloaf Wealth Management LLC now owns 762 shares of the company’s stock worth $57,000 after acquiring an additional 219 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

BIV traded up $0.22 during midday trading on Friday, hitting $76.02. 184,113 shares of the company’s stock traded hands, compared to its average volume of 1,109,004. Vanguard Intermediate-Term Bond ETF has a one year low of $71.91 and a one year high of $78.89. The stock’s fifty day simple moving average is $77.38 and its 200-day simple moving average is $76.07.

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).