Pacific Park Financial Inc. Makes New Investment in Vanguard Intermediate-Term Bond ETF $BIV

Pacific Park Financial Inc. acquired a new position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 39,710 shares of the company’s stock, valued at approximately $3,093,000. Vanguard Intermediate-Term Bond ETF accounts for approximately 1.9% of Pacific Park Financial Inc.’s investment portfolio, making the stock its 13th biggest holding.

A number of other hedge funds and other institutional investors have also bought and sold shares of BIV. Diversify Advisory Services LLC grew its holdings in Vanguard Intermediate-Term Bond ETF by 602.7% in the second quarter. Diversify Advisory Services LLC now owns 20,834 shares of the company’s stock worth $1,610,000 after purchasing an additional 17,869 shares during the period. Diversify Wealth Management LLC purchased a new stake in Vanguard Intermediate-Term Bond ETF in the second quarter worth about $250,000. Raymond James Financial Inc. grew its holdings in Vanguard Intermediate-Term Bond ETF by 20.1% in the second quarter. Raymond James Financial Inc. now owns 1,923,304 shares of the company’s stock worth $148,748,000 after purchasing an additional 322,207 shares during the period. Ausdal Financial Partners Inc. grew its holdings in Vanguard Intermediate-Term Bond ETF by 0.8% in the second quarter. Ausdal Financial Partners Inc. now owns 32,739 shares of the company’s stock worth $2,532,000 after purchasing an additional 264 shares during the period. Finally, Jane Street Group LLC purchased a new stake in Vanguard Intermediate-Term Bond ETF in the second quarter worth about $17,088,000.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of BIV opened at $76.87 on Thursday. Vanguard Intermediate-Term Bond ETF has a fifty-two week low of $75.28 and a fifty-two week high of $79.08. The firm’s 50-day simple moving average is $77.55 and its two-hundred day simple moving average is $77.92.

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.