13,321 Shares in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) Purchased by Maiden Cove Capital LLC

Maiden Cove Capital LLC bought a new stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) in the third quarter, Holdings Channel reports. The fund bought 13,321 shares of the company’s stock, valued at approximately $989,000. Vanguard Intermediate-Term Bond ETF comprises about 2.0% of Maiden Cove Capital LLC’s portfolio, making the stock its 12th biggest holding.

A number of other institutional investors have also recently made changes to their positions in the company. Exchange Traded Concepts LLC acquired a new stake in Vanguard Intermediate-Term Bond ETF during the 3rd quarter worth $618,000. Vanguard Group Inc. raised its holdings in Vanguard Intermediate-Term Bond ETF by 57.7% in the 1st quarter. Vanguard Group Inc. now owns 278,059 shares of the company’s stock valued at $20,966,000 after acquiring an additional 101,694 shares during the last quarter. Nisa Investment Advisors LLC purchased a new position in Vanguard Intermediate-Term Bond ETF in the 2nd quarter worth approximately $677,000. Gemmer Asset Management LLC grew its position in shares of Vanguard Intermediate-Term Bond ETF by 2.5% in the third quarter. Gemmer Asset Management LLC now owns 129,608 shares of the company’s stock valued at $10,157,000 after purchasing an additional 3,133 shares in the last quarter. Finally, CWM LLC grew its position in shares of 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 purchasing an additional 923 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

Vanguard Intermediate-Term Bond ETF stock traded up $0.08 during trading on Friday, reaching $75.88. 6,669,685 shares of the company were exchanged, compared to its average volume of 1,138,892. The stock’s 50 day simple moving average is $77.35 and its two-hundred day simple moving average is $76.09. Vanguard Intermediate-Term Bond ETF has a 52-week low of $71.91 and a 52-week high of $78.89.

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).