Meeder Asset Management Inc. Raises Holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Meeder Asset Management Inc. boosted its holdings in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 112.1% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 10,486 shares of the company’s stock after acquiring an additional 5,541 shares during the quarter. Meeder Asset Management Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $907,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Commonwealth Equity Services LLC grew its holdings in Vanguard Intermediate-Term Bond ETF by 3.1% in the second quarter. Commonwealth Equity Services LLC now owns 290,888 shares of the company’s stock worth $25,161,000 after purchasing an additional 8,734 shares during the last quarter. Global Financial Private Capital LLC grew its holdings in Vanguard Intermediate-Term Bond ETF by 1.4% in the first quarter. Global Financial Private Capital LLC now owns 127,065 shares of the company’s stock worth $10,665,000 after purchasing an additional 1,813 shares during the last quarter. Patten Group Inc. grew its holdings in Vanguard Intermediate-Term Bond ETF by 98.9% in the first quarter. Patten Group Inc. now owns 3,307 shares of the company’s stock worth $278,000 after purchasing an additional 1,644 shares during the last quarter. Brookstone Capital Management grew its holdings in Vanguard Intermediate-Term Bond ETF by 62.9% in the second quarter. Brookstone Capital Management now owns 36,865 shares of the company’s stock worth $3,189,000 after purchasing an additional 14,234 shares during the last quarter. Finally, Merriman Wealth Management LLC grew its holdings in Vanguard Intermediate-Term Bond ETF by 0.3% in the first quarter. Merriman Wealth Management LLC now owns 94,550 shares of the company’s stock worth $7,936,000 after purchasing an additional 299 shares during the last quarter.

NYSEARCA BIV traded down $0.12 on Wednesday, hitting $88.43. The stock had a trading volume of 141,886 shares, compared to its average volume of 812,094. Vanguard Intermediate-Term Bond ETF has a 52-week low of $79.35 and a 52-week high of $88.59. The business’s fifty day moving average price is $86.84 and its 200 day moving average price is $84.55.

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).

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Institutional Ownership by Quarter for Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

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