Concentric Wealth Management LLC Has $8.15 Million Stock Position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Concentric Wealth Management LLC raised its holdings in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 3.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 103,943 shares of the company’s stock after acquiring an additional 3,789 shares during the quarter. Vanguard Intermediate-Term Bond ETF makes up 2.0% of Concentric Wealth Management LLC’s investment portfolio, making the stock its 15th largest holding. Concentric Wealth Management LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $8,146,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. FAS Wealth Partners Inc. bought a new position in shares of Vanguard Intermediate-Term Bond ETF in the second quarter valued at approximately $28,000. Blue Trust Inc. grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 88.7% during the 3rd quarter. Blue Trust Inc. now owns 402 shares of the company’s stock worth $30,000 after purchasing an additional 189 shares in the last quarter. Coastline Trust Co bought a new stake in shares of Vanguard Intermediate-Term Bond ETF during the third quarter valued at approximately $32,000. Financial Connections Group Inc. acquired a new position in shares of Vanguard Intermediate-Term Bond ETF in the second quarter valued at $38,000. Finally, Armstrong Advisory Group Inc. lifted its position in Vanguard Intermediate-Term Bond ETF by 504.0% in the third quarter. Armstrong Advisory Group Inc. now owns 610 shares of the company’s stock worth $48,000 after purchasing an additional 509 shares during the period.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of Vanguard Intermediate-Term Bond ETF stock opened at $75.41 on Monday. Vanguard Intermediate-Term Bond ETF has a 52-week low of $72.95 and a 52-week high of $78.89. The company’s fifty day moving average price is $76.78 and its two-hundred day moving average price is $76.24.

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).