Vanguard Intermediate-Term Bond ETF $BIV Stake Increased by Truist Financial Corp

Truist Financial Corp increased its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 1.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 972,752 shares of the company’s stock after buying an additional 17,307 shares during the period. Truist Financial Corp’s holdings in Vanguard Intermediate-Term Bond ETF were worth $75,233,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Envestnet Asset Management Inc. increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 7.3% in the first quarter. Envestnet Asset Management Inc. now owns 18,092,410 shares of the company’s stock worth $1,385,336,000 after buying an additional 1,238,612 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in Vanguard Intermediate-Term Bond ETF by 4.1% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 8,645,584 shares of the company’s stock worth $661,992,000 after purchasing an additional 341,298 shares during the period. Goldman Sachs Group Inc. boosted its holdings in Vanguard Intermediate-Term Bond ETF by 3.1% in the first quarter. Goldman Sachs Group Inc. now owns 7,972,446 shares of the company’s stock worth $610,450,000 after purchasing an additional 241,266 shares during the period. Beacon Capital Management Inc. boosted its holdings in Vanguard Intermediate-Term Bond ETF by 624.3% in the first quarter. Beacon Capital Management Inc. now owns 6,022,945 shares of the company’s stock worth $456,660,000 after purchasing an additional 5,191,374 shares during the period. Finally, EP Wealth Advisors LLC boosted its holdings in Vanguard Intermediate-Term Bond ETF by 17.9% in the first quarter. EP Wealth Advisors LLC now owns 5,394,520 shares of the company’s stock worth $413,058,000 after purchasing an additional 819,212 shares during the period.

Vanguard Intermediate-Term Bond ETF Stock Up 0.3%

Vanguard Intermediate-Term Bond ETF stock opened at $78.09 on Thursday. The company has a fifty day moving average price of $77.70 and a two-hundred day moving average price of $76.74. Vanguard Intermediate-Term Bond ETF has a 12 month low of $73.72 and a 12 month high of $78.79.

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).