Clarity Wealth Advisors LLC Raises Position in Vanguard Intermediate-Term Bond ETF $BIV

Clarity Wealth Advisors LLC lifted its position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 8.8% during the first quarter, HoldingsChannel reports. The fund owned 146,847 shares of the company’s stock after acquiring an additional 11,823 shares during the quarter. Vanguard Intermediate-Term Bond ETF comprises 2.3% of Clarity Wealth Advisors LLC’s holdings, making the stock its 16th biggest position. Clarity Wealth Advisors LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $11,334,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in BIV. Covenant Asset Management LLC purchased a new position in Vanguard Intermediate-Term Bond ETF in the fourth quarter worth $1,177,000. Fonville Wealth Management LLC boosted its position in shares of Vanguard Intermediate-Term Bond ETF by 34.8% during the 4th quarter. Fonville Wealth Management LLC now owns 177,008 shares of the company’s stock worth $13,785,000 after purchasing an additional 45,702 shares in the last quarter. Asset Allocation & Management Company LLC purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF during the 4th quarter worth $1,150,000. Betterment LLC grew its stake in shares of Vanguard Intermediate-Term Bond ETF by 7.2% during the 3rd quarter. Betterment LLC now owns 282,041 shares of the company’s stock worth $22,025,000 after purchasing an additional 19,017 shares during the period. Finally, D.A. Davidson & CO. grew its stake in shares of Vanguard Intermediate-Term Bond ETF by 17.7% during the 4th quarter. D.A. Davidson & CO. now owns 97,768 shares of the company’s stock worth $7,614,000 after purchasing an additional 14,697 shares during the period.

Vanguard Intermediate-Term Bond ETF Trading Up 0.2%

Shares of BIV opened at $76.43 on Friday. The company has a 50-day simple moving average of $76.60 and a 200-day simple moving average of $77.36. Vanguard Intermediate-Term Bond ETF has a 52-week low of $75.63 and a 52-week high of $79.08.

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). 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.