IFG Advisors LLC Has $3.55 Million Stock Position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

IFG Advisors LLC increased its position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 6.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 47,101 shares of the company’s stock after purchasing an additional 3,011 shares during the quarter. Vanguard Intermediate-Term Bond ETF makes up 0.9% of IFG Advisors LLC’s portfolio, making the stock its 20th biggest position. IFG Advisors LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $3,551,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Opal Wealth Advisors LLC bought a new position in Vanguard Intermediate-Term Bond ETF during the fourth quarter worth about $409,000. Greenwich Wealth Management LLC bought a new position in Vanguard Intermediate-Term Bond ETF during the third quarter worth about $221,000. GSB Wealth Management LLC boosted its holdings in Vanguard Intermediate-Term Bond ETF by 3.2% during the third quarter. GSB Wealth Management LLC now owns 9,884 shares of the company’s stock worth $715,000 after buying an additional 308 shares during the last quarter. Meeder Asset Management Inc. boosted its holdings in Vanguard Intermediate-Term Bond ETF by 9.8% during the fourth quarter. Meeder Asset Management Inc. now owns 27,523 shares of the company’s stock worth $2,102,000 after buying an additional 2,467 shares during the last quarter. Finally, Apollon Wealth Management LLC bought a new position in Vanguard Intermediate-Term Bond ETF during the fourth quarter worth about $5,353,000.

Vanguard Intermediate-Term Bond ETF Price Performance

BIV traded down $0.24 during midday trading on Thursday, reaching $74.25. 788,572 shares of the company were exchanged, compared to its average volume of 1,218,303. Vanguard Intermediate-Term Bond ETF has a one year low of $70.43 and a one year high of $76.76. The stock’s 50-day simple moving average is $74.24 and its 200 day simple moving average is $74.75.

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).