Brookmont Capital Management Has $535,000 Position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Brookmont Capital Management increased its position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 43.3% during the fourth quarter, Holdings Channel reports. The institutional investor owned 7,164 shares of the company’s stock after purchasing an additional 2,164 shares during the quarter. Brookmont Capital Management’s holdings in Vanguard Intermediate-Term Bond ETF were worth $535,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Exchange Traded Concepts LLC bought a new stake in shares of Vanguard Intermediate-Term Bond ETF during the third quarter valued at approximately $618,000. Brookstone Capital Management raised its stake in shares of Vanguard Intermediate-Term Bond ETF by 12.1% in the 4th quarter. Brookstone Capital Management now owns 126,119 shares of the company’s stock valued at $9,425,000 after buying an additional 13,651 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 53.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 415,162 shares of the company’s stock worth $32,536,000 after acquiring an additional 143,861 shares during the period. Gemmer Asset Management LLC boosted its position in shares of Vanguard Intermediate-Term Bond ETF by 2.5% during the 3rd quarter. Gemmer Asset Management LLC now owns 129,608 shares of the company’s stock valued at $10,157,000 after acquiring an additional 3,133 shares in the last quarter. Finally, CWM LLC increased its stake in Vanguard Intermediate-Term Bond ETF by 10.2% in the third quarter. CWM LLC now owns 9,943 shares of the company’s stock valued at $779,000 after acquiring an additional 923 shares during the period.

Vanguard Intermediate-Term Bond ETF Trading Down 0.0 %

BIV stock opened at $74.70 on Tuesday. The business’s 50 day moving average is $75.25 and its 200-day moving average is $76.39. Vanguard Intermediate-Term Bond ETF has a 1-year low of $72.95 and a 1-year 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).