Concentric Wealth Management LLC Has $8.15 Million Stock Holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Concentric Wealth Management LLC boosted its position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 3.8% during the 3rd quarter, Holdings Channel.com reports. The fund owned 103,943 shares of the company’s stock after buying an additional 3,789 shares during the quarter. Vanguard Intermediate-Term Bond ETF comprises 2.0% of Concentric Wealth Management LLC’s investment portfolio, making the stock its 15th largest holding. Concentric Wealth Management LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $8,146,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in BIV. Exchange Traded Concepts LLC bought a new stake in Vanguard Intermediate-Term Bond ETF in the third quarter valued at about $618,000. Vanguard Group Inc. increased its stake in shares of 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 acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF in the 2nd quarter valued at approximately $677,000. Gemmer Asset Management LLC boosted its stake in 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 worth $10,157,000 after acquiring an additional 3,133 shares during the last quarter. Finally, CWM LLC boosted its stake in Vanguard Intermediate-Term Bond ETF by 10.2% during the 3rd quarter. CWM LLC now owns 9,943 shares of the company’s stock worth $779,000 after acquiring an additional 923 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Up 0.1 %

Shares of NYSEARCA:BIV opened at $75.41 on Monday. The company has a 50 day moving average price of $76.78 and a two-hundred day moving average price of $76.24. Vanguard Intermediate-Term Bond ETF has a 52 week low of $72.95 and a 52 week high of $78.89.

Vanguard Intermediate-Term Bond ETF Company 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).