Goldstone Financial Group LLC Invests $11.95 Million in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Goldstone Financial Group LLC purchased a new stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 152,524 shares of the company’s stock, valued at approximately $11,953,000. Vanguard Intermediate-Term Bond ETF comprises 2.1% of Goldstone Financial Group LLC’s portfolio, making the stock its 12th biggest position.

A number of other hedge funds have also modified their holdings of BIV. Salomon & Ludwin LLC acquired a new position in Vanguard Intermediate-Term Bond ETF in the first quarter valued at about $25,000. FAS Wealth Partners Inc. bought a new position in shares of Vanguard Intermediate-Term Bond ETF during the 2nd quarter valued at about $28,000. Blue Trust Inc. grew its position in shares of Vanguard Intermediate-Term Bond ETF by 88.7% in the 3rd quarter. Blue Trust Inc. now owns 402 shares of the company’s stock valued at $30,000 after purchasing an additional 189 shares during the period. Financial Connections Group Inc. bought a new stake in Vanguard Intermediate-Term Bond ETF during the 2nd quarter worth approximately $38,000. Finally, Armstrong Advisory Group Inc. increased its stake in Vanguard Intermediate-Term Bond ETF by 504.0% during the 3rd quarter. Armstrong Advisory Group Inc. now owns 610 shares of the company’s stock worth $48,000 after purchasing an additional 509 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Down 0.2 %

Shares of BIV opened at $76.01 on Thursday. Vanguard Intermediate-Term Bond ETF has a twelve month low of $70.91 and a twelve month high of $78.89. The firm’s 50 day moving average price is $77.64 and its two-hundred day moving average price is $75.99.

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).