Next Capital Management LLC Buys Shares of 2,686 Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Next Capital Management LLC purchased a new position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 2,686 shares of the company’s stock, valued at approximately $209,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Hershey Financial Advisers LLC purchased a new stake in Vanguard Intermediate-Term Bond ETF during the 2nd quarter valued at $313,000. EP Wealth Advisors LLC boosted its stake in shares of Vanguard Intermediate-Term Bond ETF by 37.0% during the 2nd quarter. EP Wealth Advisors LLC now owns 2,193,072 shares of the company’s stock valued at $164,239,000 after purchasing an additional 592,113 shares in the last quarter. Kampmann Melissa S. boosted its stake in shares of Vanguard Intermediate-Term Bond ETF by 9.9% during the 2nd quarter. Kampmann Melissa S. now owns 21,674 shares of the company’s stock valued at $1,623,000 after purchasing an additional 1,960 shares in the last quarter. NewEdge Advisors LLC increased its position in shares of Vanguard Intermediate-Term Bond ETF by 9.4% during the second quarter. NewEdge Advisors LLC now owns 91,132 shares of the company’s stock valued at $6,825,000 after buying an additional 7,844 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its stake in Vanguard Intermediate-Term Bond ETF by 12.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 7,038,111 shares of the company’s stock worth $527,153,000 after buying an additional 770,007 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Down 0.3 %

Vanguard Intermediate-Term Bond ETF stock opened at $78.34 on Tuesday. Vanguard Intermediate-Term Bond ETF has a fifty-two week low of $70.43 and a fifty-two week high of $78.89. The stock’s 50 day simple moving average is $77.61 and its two-hundred day simple moving average is $75.66.

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).