Montecito Bank & Trust Has $15.10 Million Position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Montecito Bank & Trust increased its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 1.3% in the 4th quarter, Holdings Channel reports. The institutional investor owned 202,077 shares of the company’s stock after purchasing an additional 2,673 shares during the period. Vanguard Intermediate-Term Bond ETF accounts for 2.6% of Montecito Bank & Trust’s investment portfolio, making the stock its 4th largest holding. Montecito Bank & Trust’s holdings in Vanguard Intermediate-Term Bond ETF were worth $15,101,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Blue Trust Inc. increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 88.7% in the third quarter. Blue Trust Inc. now owns 402 shares of the company’s stock worth $30,000 after buying an additional 189 shares during the period. Coastline Trust Co bought a new stake in shares of Vanguard Intermediate-Term Bond ETF during the third quarter valued at approximately $32,000. Armstrong Advisory Group Inc. grew its position in shares of Vanguard Intermediate-Term Bond ETF by 504.0% in the 3rd quarter. Armstrong Advisory Group Inc. now owns 610 shares of the company’s stock worth $48,000 after buying an additional 509 shares during the period. Sugarloaf Wealth Management LLC raised its stake in Vanguard Intermediate-Term Bond ETF by 35.3% during the third quarter. Sugarloaf Wealth Management LLC now owns 1,031 shares of the company’s stock valued at $81,000 after buying an additional 269 shares during the last quarter. Finally, Bristlecone Advisors LLC bought a new stake in Vanguard Intermediate-Term Bond ETF during the 3rd quarter valued at about $102,000.

Vanguard Intermediate-Term Bond ETF Stock Down 0.1 %

Shares of NYSEARCA BIV opened at $74.66 on Friday. The firm’s 50-day moving average price is $75.22 and its 200-day moving average price is $76.37. Vanguard Intermediate-Term Bond ETF has a 52-week low of $72.95 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).