Brighton Securities CORP. Boosts Position in Vanguard Intermediate-Term Bond ETF $BIV

by · The Cerbat Gem

Brighton Securities CORP. increased its position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV – Free Report) by 4.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 464,181 shares of the company’s stock after purchasing an additional 20,725 shares during the quarter. Vanguard Intermediate-Term Bond ETF makes up 14.1% of Brighton Securities CORP.’s portfolio, making the stock its 2nd biggest position. Brighton Securities CORP. owned 0.12% of Vanguard Intermediate-Term Bond ETF worth $33,820,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wells Fargo & Company MN grew its position in shares of Vanguard Intermediate-Term Bond ETF by 5.1% during the 4th quarter. Wells Fargo & Company MN now owns 25,526,720 shares of the company’s stock worth $1,988,021,000 after buying an additional 1,249,895 shares during the period. Envestnet Asset Management Inc. lifted its holdings in Vanguard Intermediate-Term Bond ETF by 2.9% in the second quarter. Envestnet Asset Management Inc. now owns 24,235,046 shares of the company’s stock valued at $1,858,828,000 after buying an additional 680,629 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in Vanguard Intermediate-Term Bond ETF by 6.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 12,822,370 shares of the company’s stock valued at $983,476,000 after buying an additional 752,384 shares during the period. Bank of America Corp DE increased its holdings in Vanguard Intermediate-Term Bond ETF by 8.1% in the first quarter. Bank of America Corp DE now owns 7,183,505 shares of the company’s stock valued at $554,423,000 after purchasing an additional 541,131 shares during the last quarter. Finally, Baird Financial Group Inc. boosted its holdings in Vanguard Intermediate-Term Bond ETF by 10.4% during the second quarter. Baird Financial Group Inc. now owns 6,176,904 shares of the company’s stock worth $473,769,000 after buying an additional 580,427 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of BIV stock traded up $0.19 on Thursday, reaching $72.97. The company had a trading volume of 3,374,352 shares, compared to its average volume of 1,917,875. The company has a 50-day moving average of $74.63 and a 200-day moving average of $75.90. Vanguard Intermediate-Term Bond ETF has a 12 month low of $72.31 and a 12 month high of $79.08.

Vanguard Intermediate-Term Bond ETF Profile

(Free Report)

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.

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