McAdam LLC Increases Holdings in Vanguard Intermediate-Term Bond ETF

McAdam LLC has increased its investment in the Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 11.9% during the third quarter, based on the latest report filed with the Securities and Exchange Commission (SEC). Following this increase, McAdam now holds a total of 5,911 shares after buying an additional 628 shares during the quarter. The value of McAdam LLC's total holdings in the Vanguard Intermediate-Term Bond ETF is reported to be $463,000 as per their latest SEC filing.

In addition to McAdam LLC, several other institutional investors and hedge funds have also made moves in relation to Vanguard Intermediate-Term Bond ETF recently. For example, Salomon & Ludwin LLC entered a new investment in the ETF during the first quarter, valued at $25,000. Meanwhile, FAS Wealth Partners Inc. acquired a new stake in the ETF in the second quarter worth $28,000. In the third quarter, Blue Trust Inc. significantly raised its position by 88.7%, bringing its total holdings to 402 shares valued at $30,000 after acquiring 189 additional shares in the last quarter. On the other hand, Financial Connections Group Inc. invested in the ETF with a new position in the second quarter that was worth $38,000. Armstrong Advisory Group Inc. made a notable increase in its holdings by 504.0% during the third quarter, now holding 610 shares with a total value of $48,000 after acquiring an extra 509 shares last quarter.

Vanguard Intermediate-Term Bond ETF Performance

The Vanguard Intermediate-Term Bond ETF's stock price opened at $76.37 on the most recent trading day. The fund's 50-day moving average stands at $77.77, while the 200-day moving average is at $75.92. Over the past year, the ETF has recorded a low price of $70.72 and a high of $78.89.

Fund Overview

The Vanguard Intermediate-Term Bond ETF aims to mirror the performance of a market-weighted bond index that has an intermediate-term, dollar-weighted average maturity. The ETF employs a passive management strategy intended to track the Barclays Capital U.S. 5-10 Year Government/Credit Bond Index, which provides insights into the bond market.

Vanguard, ETF, Investments