Sterling Investment Management LLC Buys Shares of 37,970 Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Sterling Investment Management LLC bought a new stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 37,970 shares of the company’s stock, valued at approximately $2,837,000. Vanguard Intermediate-Term Bond ETF comprises 2.2% of Sterling Investment Management LLC’s investment portfolio, making the stock its 13th biggest position.

Other large investors have also recently added to or reduced their stakes in the company. Exchange Traded Concepts LLC purchased a new stake in Vanguard Intermediate-Term Bond ETF during the third quarter worth approximately $618,000. Brookstone Capital Management lifted its position in shares of Vanguard Intermediate-Term Bond ETF by 12.1% in the fourth quarter. Brookstone Capital Management now owns 126,119 shares of the company’s stock worth $9,425,000 after purchasing an additional 13,651 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in Vanguard Intermediate-Term Bond ETF by 53.0% in the third quarter. JPMorgan Chase & Co. now owns 415,162 shares of the company’s stock worth $32,536,000 after buying an additional 143,861 shares during the last quarter. Wealthcare Advisory Partners LLC grew its holdings in Vanguard Intermediate-Term Bond ETF by 58.0% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 6,561 shares of the company’s stock valued at $490,000 after purchasing an additional 2,408 shares during the last quarter. Finally, Gemmer Asset Management LLC grew its stake in shares of Vanguard Intermediate-Term Bond ETF by 2.5% in the third quarter. Gemmer Asset Management LLC now owns 129,608 shares of the company’s stock worth $10,157,000 after acquiring an additional 3,133 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Trading Up 0.3 %

Shares of BIV stock opened at $74.95 on Wednesday. Vanguard Intermediate-Term Bond ETF has a 12 month low of $72.95 and a 12 month high of $78.89. The stock has a 50-day moving average price of $75.23 and a 200 day moving average price of $76.39.

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).