Avidian Wealth Solutions LLC Has $847,000 Stock Position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Avidian Wealth Solutions LLC raised its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 298.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 11,094 shares of the company’s stock after purchasing an additional 8,312 shares during the quarter. Avidian Wealth Solutions LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $847,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Morgan Stanley boosted its stake in Vanguard Intermediate-Term Bond ETF by 1.6% in the third quarter. Morgan Stanley now owns 4,997,528 shares of the company’s stock valued at $361,371,000 after buying an additional 77,428 shares in the last quarter. LPL Financial LLC grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 3.2% during the 3rd quarter. LPL Financial LLC now owns 4,062,860 shares of the company’s stock valued at $293,785,000 after purchasing an additional 125,875 shares during the last quarter. Mather Group LLC. increased its position in Vanguard Intermediate-Term Bond ETF by 4.8% during the 4th quarter. Mather Group LLC. now owns 2,626,687 shares of the company’s stock worth $200,626,000 after purchasing an additional 119,258 shares in the last quarter. Envestnet Portfolio Solutions Inc. acquired a new position in Vanguard Intermediate-Term Bond ETF during the 3rd quarter worth approximately $156,701,000. Finally, True Link Financial Advisors LLC lifted its stake in Vanguard Intermediate-Term Bond ETF by 55.2% in the 4th quarter. True Link Financial Advisors LLC now owns 1,986,122 shares of the company’s stock valued at $151,700,000 after purchasing an additional 706,134 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

Vanguard Intermediate-Term Bond ETF stock traded up $0.38 during mid-day trading on Friday, reaching $74.09. The company had a trading volume of 1,007,281 shares, compared to its average volume of 1,283,616. The business has a fifty day simple moving average of $74.46 and a 200 day simple moving average of $74.49. Vanguard Intermediate-Term Bond ETF has a fifty-two week low of $70.43 and a fifty-two week high of $77.68.

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).