Verus Financial Partners Inc. Purchases 72,355 Shares of Vanguard Intermediate-Term Bond ETF $BIV

Verus Financial Partners Inc. raised its position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 12.1% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 671,968 shares of the company’s stock after acquiring an additional 72,355 shares during the period. Vanguard Intermediate-Term Bond ETF comprises 4.7% of Verus Financial Partners Inc.’s portfolio, making the stock its 6th biggest position. Verus Financial Partners Inc. owned about 0.18% of Vanguard Intermediate-Term Bond ETF worth $51,957,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. CRA Financial Services LLC lifted its position in shares of Vanguard Intermediate-Term Bond ETF by 3.8% in the fourth quarter. CRA Financial Services LLC now owns 3,530 shares of the company’s stock worth $275,000 after purchasing an additional 130 shares in the last quarter. World Equity Group Inc. grew its position in Vanguard Intermediate-Term Bond ETF by 3.7% in the fourth quarter. World Equity Group Inc. now owns 3,853 shares of the company’s stock valued at $300,000 after purchasing an additional 138 shares in the last quarter. Oarsman Capital Inc. increased its stake in Vanguard Intermediate-Term Bond ETF by 5.2% in the 3rd quarter. Oarsman Capital Inc. now owns 2,903 shares of the company’s stock valued at $227,000 after buying an additional 143 shares during the last quarter. IFP Advisors Inc increased its stake in Vanguard Intermediate-Term Bond ETF by 1.2% in the 3rd quarter. IFP Advisors Inc now owns 12,670 shares of the company’s stock valued at $989,000 after buying an additional 151 shares during the last quarter. Finally, Zuckerman Investment Group LLC increased its stake in Vanguard Intermediate-Term Bond ETF by 1.6% in the 4th quarter. Zuckerman Investment Group LLC now owns 10,125 shares of the company’s stock valued at $789,000 after buying an additional 156 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of NYSEARCA:BIV opened at $76.85 on Friday. The company’s 50-day moving average price is $76.68 and its two-hundred day moving average price is $77.41. Vanguard Intermediate-Term Bond ETF has a one year low of $75.63 and a one year high of $79.08.

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.