Asset Management Group Inc. Raises Stock Position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Asset Management Group Inc. grew its position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 2.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 152,177 shares of the company’s stock after buying an additional 3,555 shares during the period. Vanguard Intermediate-Term Bond ETF accounts for approximately 2.1% of Asset Management Group Inc.’s investment portfolio, making the stock its 15th largest position. Asset Management Group Inc. owned 0.07% of Vanguard Intermediate-Term Bond ETF worth $11,397,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Salomon & Ludwin LLC acquired a new position in Vanguard Intermediate-Term Bond ETF in the first quarter valued at about $25,000. FAS Wealth Partners Inc. purchased a new position in shares of Vanguard Intermediate-Term Bond ETF during the 2nd quarter worth approximately $28,000. Financial Connections Group Inc. purchased a new position in shares of Vanguard Intermediate-Term Bond ETF during the 2nd quarter worth approximately $38,000. United Advisor Group LLC purchased a new stake in Vanguard Intermediate-Term Bond ETF in the fourth quarter valued at approximately $40,000. Finally, American National Bank grew its stake in shares of Vanguard Intermediate-Term Bond ETF by 616.0% in the first quarter. American National Bank now owns 537 shares of the company’s stock valued at $40,000 after buying an additional 462 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of NYSEARCA:BIV opened at $78.55 on Friday. Vanguard Intermediate-Term Bond ETF has a 1 year low of $70.43 and a 1 year high of $78.89. The firm’s 50-day moving average is $77.29 and its two-hundred day moving average is $75.53.

Vanguard Intermediate-Term Bond ETF 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).