Ridgewood Investments LLC Purchases 1,620 Shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Ridgewood Investments LLC increased its position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 14.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 13,214 shares of the company’s stock after acquiring an additional 1,620 shares during the quarter. Ridgewood Investments LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $987,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of BIV. Exchange Traded Concepts LLC bought a new position in Vanguard Intermediate-Term Bond ETF during the 3rd quarter valued at about $618,000. Gemmer Asset Management LLC lifted its stake in Vanguard Intermediate-Term Bond ETF by 2.5% during the 3rd quarter. Gemmer Asset Management LLC now owns 129,608 shares of the company’s stock valued at $10,157,000 after acquiring an additional 3,133 shares during the period. CWM LLC lifted its stake in Vanguard Intermediate-Term Bond ETF by 10.2% during the 3rd quarter. CWM LLC now owns 9,943 shares of the company’s stock valued at $779,000 after acquiring an additional 923 shares during the period. JPMorgan Chase & Co. lifted its stake in Vanguard Intermediate-Term Bond ETF by 53.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 415,162 shares of the company’s stock valued at $32,536,000 after acquiring an additional 143,861 shares during the period. Finally, American Trust lifted its stake in Vanguard Intermediate-Term Bond ETF by 0.4% during the 2nd quarter. American Trust now owns 997,892 shares of the company’s stock valued at $74,732,000 after acquiring an additional 4,462 shares during the period.

Vanguard Intermediate-Term Bond ETF Price Performance

BIV traded down $0.40 during midday trading on Friday, hitting $74.02. 768,031 shares of the company traded hands, compared to its average volume of 1,509,005. The company’s 50-day moving average is $75.42 and its 200 day moving average is $76.40. Vanguard Intermediate-Term Bond ETF has a 52 week low of $72.95 and a 52 week high of $78.89.

Vanguard Intermediate-Term Bond ETF Company 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).