Austin Asset Management Co Inc Buys 4,474 Shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Austin Asset Management Co Inc grew its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 3.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 129,705 shares of the company’s stock after purchasing an additional 4,474 shares during the quarter. Vanguard Intermediate-Term Bond ETF makes up 2.1% of Austin Asset Management Co Inc’s holdings, making the stock its 10th biggest position. Austin Asset Management Co Inc owned about 0.06% of Vanguard Intermediate-Term Bond ETF worth $9,714,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Richardson Financial Services Inc. boosted its position in Vanguard Intermediate-Term Bond ETF by 11.8% during the second quarter. Richardson Financial Services Inc. now owns 1,900 shares of the company’s stock worth $142,000 after acquiring an additional 200 shares during the last quarter. Blair William & Co. IL boosted its position in Vanguard Intermediate-Term Bond ETF by 11.5% during the second quarter. Blair William & Co. IL now owns 56,393 shares of the company’s stock worth $4,223,000 after acquiring an additional 5,836 shares during the last quarter. Cranbrook Wealth Management LLC boosted its position in Vanguard Intermediate-Term Bond ETF by 13.4% during the second quarter. Cranbrook Wealth Management LLC now owns 569,704 shares of the company’s stock worth $42,665,000 after acquiring an additional 67,176 shares during the last quarter. Moors & Cabot Inc. boosted its position in Vanguard Intermediate-Term Bond ETF by 8.3% during the second quarter. Moors & Cabot Inc. now owns 3,306 shares of the company’s stock worth $248,000 after acquiring an additional 253 shares during the last quarter. Finally, SigFig Wealth Management LLC raised its stake in Vanguard Intermediate-Term Bond ETF by 5.2% during the second quarter. SigFig Wealth Management LLC now owns 110,289 shares of the company’s stock worth $8,260,000 after purchasing an additional 5,438 shares during the period.

Vanguard Intermediate-Term Bond ETF Stock Down 0.3 %

Shares of BIV stock opened at $78.49 on Thursday. The firm’s 50-day moving average is $77.19 and its two-hundred day moving average is $75.49. Vanguard Intermediate-Term Bond ETF has a 12 month low of $70.43 and a 12 month high of $78.89.

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).