Genesis Private Wealth LLC Takes $5.30 Million Position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Genesis Private Wealth LLC acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 70,872 shares of the company’s stock, valued at approximately $5,296,000. Vanguard Intermediate-Term Bond ETF comprises about 2.9% of Genesis Private Wealth LLC’s holdings, making the stock its 10th biggest holding.

Other institutional investors and hedge funds have also recently modified their holdings of the company. AE Wealth Management LLC boosted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 15.8% during the second quarter. AE Wealth Management LLC now owns 22,343 shares of the company’s stock worth $1,673,000 after purchasing an additional 3,045 shares during the period. Bank of Montreal Can grew its position in Vanguard Intermediate-Term Bond ETF by 14.0% in the 2nd quarter. Bank of Montreal Can now owns 544,952 shares of the company’s stock worth $41,073,000 after purchasing an additional 66,777 shares during the period. Semmax Financial Advisors Inc. grew its position in Vanguard Intermediate-Term Bond ETF by 3.4% in the 2nd quarter. Semmax Financial Advisors Inc. now owns 28,622 shares of the company’s stock worth $2,217,000 after purchasing an additional 937 shares during the period. Wescott Financial Advisory Group LLC boosted its stake in shares of Vanguard Intermediate-Term Bond ETF by 3.9% during the 2nd quarter. Wescott Financial Advisory Group LLC now owns 143,779 shares of the company’s stock worth $10,768,000 after acquiring an additional 5,392 shares during the last quarter. Finally, Drucker Wealth 3.0 LLC purchased a new position in shares of Vanguard Intermediate-Term Bond ETF during the 2nd quarter worth $1,129,000.

Vanguard Intermediate-Term Bond ETF Stock Performance

BIV opened at $74.95 on Wednesday. Vanguard Intermediate-Term Bond ETF has a fifty-two week low of $72.95 and a fifty-two week high of $78.89. The firm’s fifty day moving average is $75.23 and its 200 day moving average is $76.39.

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).