Parkside Financial Bank & Trust Increases Position in Vanguard Intermediate-Term Bond ETF $BIV

Parkside Financial Bank & Trust raised its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 5.3% in the 3rd quarter, Holdings Channel reports. The firm owned 229,131 shares of the company’s stock after acquiring an additional 11,603 shares during the period. Vanguard Intermediate-Term Bond ETF makes up 1.4% of Parkside Financial Bank & Trust’s investment portfolio, making the stock its 10th largest holding. Parkside Financial Bank & Trust’s holdings in Vanguard Intermediate-Term Bond ETF were worth $17,893,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. First Horizon Corp purchased a new position in Vanguard Intermediate-Term Bond ETF during the 3rd quarter valued at approximately $1,471,000. Clarity Wealth Advisors LLC raised its stake in Vanguard Intermediate-Term Bond ETF by 18.2% during the third quarter. Clarity Wealth Advisors LLC now owns 114,011 shares of the company’s stock valued at $8,903,000 after purchasing an additional 17,562 shares in the last quarter. First Merchants Corp lifted its position in Vanguard Intermediate-Term Bond ETF by 3.3% during the third quarter. First Merchants Corp now owns 289,280 shares of the company’s stock valued at $22,590,000 after purchasing an additional 9,107 shares during the last quarter. San Luis Wealth Advisors LLC grew its stake in shares of Vanguard Intermediate-Term Bond ETF by 35.6% in the 2nd quarter. San Luis Wealth Advisors LLC now owns 135,242 shares of the company’s stock worth $10,460,000 after buying an additional 35,497 shares in the last quarter. Finally, Benjamin Edwards Inc. raised its position in shares of Vanguard Intermediate-Term Bond ETF by 112.9% during the 3rd quarter. Benjamin Edwards Inc. now owns 19,984 shares of the company’s stock valued at $1,562,000 after buying an additional 10,596 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of NYSEARCA BIV opened at $77.74 on Friday. Vanguard Intermediate-Term Bond ETF has a 1-year low of $74.44 and a 1-year high of $78.91. The business’s 50 day moving average is $78.05 and its two-hundred day moving average is $77.85.

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.