Moors & Cabot Inc. Grows Stock Holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Moors & Cabot Inc. increased its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 8.3% during the second quarter, Holdings Channel reports. The institutional investor owned 3,306 shares of the company’s stock after acquiring an additional 253 shares during the period. Moors & Cabot Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $248,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Salomon & Ludwin LLC purchased a new stake in Vanguard Intermediate-Term Bond ETF during the first quarter worth about $25,000. FAS Wealth Partners Inc. purchased a new stake in Vanguard Intermediate-Term Bond ETF during the second quarter worth about $28,000. Financial Connections Group Inc. purchased a new stake in Vanguard Intermediate-Term Bond ETF during the second quarter worth about $38,000. United Advisor Group LLC purchased a new stake in Vanguard Intermediate-Term Bond ETF during the fourth quarter worth about $40,000. Finally, American National Bank boosted its holdings in Vanguard Intermediate-Term Bond ETF by 616.0% during the first quarter. American National Bank now owns 537 shares of the company’s stock worth $40,000 after buying an additional 462 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

BIV stock opened at $78.55 on Friday. The company’s 50-day moving average price is $77.29 and its 200 day moving average price is $75.53. Vanguard Intermediate-Term Bond ETF has a 52 week low of $70.43 and a 52 week high of $78.89.

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).