AE Wealth Management LLC Purchases 3,045 Shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

AE Wealth Management LLC grew its holdings in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 15.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 22,343 shares of the company’s stock after buying an additional 3,045 shares during the period. AE Wealth Management LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $1,673,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Salomon & Ludwin LLC bought a new position in shares of Vanguard Intermediate-Term Bond ETF during the first quarter valued at $25,000. FAS Wealth Partners Inc. purchased a new position in Vanguard Intermediate-Term Bond ETF in the second quarter worth about $28,000. Financial Connections Group Inc. purchased a new position in Vanguard Intermediate-Term Bond ETF in the second quarter worth about $38,000. United Advisor Group LLC purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF during the fourth quarter valued at approximately $40,000. Finally, American National Bank increased its position in shares of Vanguard Intermediate-Term Bond ETF by 616.0% during the first quarter. American National Bank now owns 537 shares of the company’s stock valued at $40,000 after acquiring an additional 462 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of NYSEARCA BIV opened at $78.46 on Tuesday. Vanguard Intermediate-Term Bond ETF has a twelve month low of $70.43 and a twelve month high of $78.89. The company has a 50 day moving average of $77.35 and a 200 day moving average of $75.56.

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).