New Century Financial Group LLC Makes New Investment in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

New Century Financial Group LLC acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 8,017 shares of the company’s stock, valued at approximately $600,000.

Other institutional investors have also modified their holdings of the company. Salomon & Ludwin LLC bought a new position in Vanguard Intermediate-Term Bond ETF in the first quarter valued at approximately $25,000. FAS Wealth Partners Inc. bought a new stake in Vanguard Intermediate-Term Bond ETF in the 2nd quarter valued at $28,000. Financial Connections Group Inc. acquired a new position in Vanguard Intermediate-Term Bond ETF in the 2nd quarter worth $38,000. United Advisor Group LLC bought a new position in Vanguard Intermediate-Term Bond ETF during the 4th quarter worth about $40,000. Finally, American National Bank increased its holdings in Vanguard Intermediate-Term Bond ETF by 616.0% during the 1st quarter. American National Bank now owns 537 shares of the company’s stock worth $40,000 after purchasing an additional 462 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of Vanguard Intermediate-Term Bond ETF stock opened at $78.34 on Tuesday. The stock’s 50-day moving average is $77.61 and its 200-day moving average is $75.66. Vanguard Intermediate-Term Bond ETF has a one year low of $70.43 and a one year high of $78.89.

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).