Synergy Asset Management LLC Purchases 28,756 Shares of Vanguard Intermediate-Term Bond ETF $BIV

Synergy Asset Management LLC lifted its position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 192.7% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 43,678 shares of the company’s stock after buying an additional 28,756 shares during the period. Synergy Asset Management LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $3,388,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Beacon Capital Management Inc. grew its holdings in Vanguard Intermediate-Term Bond ETF by 624.3% in the first quarter. Beacon Capital Management Inc. now owns 6,022,945 shares of the company’s stock worth $456,660,000 after purchasing an additional 5,191,374 shares during the last quarter. American Trust purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF during the 2nd quarter valued at $82,058,000. EP Wealth Advisors LLC boosted its position in shares of Vanguard Intermediate-Term Bond ETF by 12.6% in the 2nd quarter. EP Wealth Advisors LLC now owns 6,071,963 shares of the company’s stock worth $469,606,000 after purchasing an additional 677,443 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Vanguard Intermediate-Term Bond ETF by 2.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 18,569,598 shares of the company’s stock worth $1,436,171,000 after purchasing an additional 477,188 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake in Vanguard Intermediate-Term Bond ETF by 5.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 9,106,889 shares of the company’s stock worth $704,327,000 after buying an additional 461,305 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Down 0.0%

Shares of NYSEARCA:BIV opened at $77.85 on Friday. The business’s 50-day moving average is $78.14 and its 200 day moving average is $77.74. Vanguard Intermediate-Term Bond ETF has a 1 year low of $73.72 and a 1 year high of $78.91.

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). The Index includes all medium and larger issues of the United States Government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities between 5 and 10 years and are publicly issued.