Bay Harbor Wealth Management LLC Has $6.55 Million Position in Vanguard Intermediate-Term Bond ETF $BIV

Bay Harbor Wealth Management LLC reduced its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 1.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 84,665 shares of the company’s stock after selling 1,221 shares during the period. Vanguard Intermediate-Term Bond ETF accounts for approximately 1.9% of Bay Harbor Wealth Management LLC’s investment portfolio, making the stock its 19th biggest position. Bay Harbor Wealth Management LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $6,548,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of BIV. Beacon Capital Management Inc. increased its holdings in shares of 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 valued at $456,660,000 after purchasing an additional 5,191,374 shares during the last quarter. Envestnet Asset Management Inc. grew 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 valued at $1,385,336,000 after acquiring an additional 1,238,612 shares in the last quarter. Wit LLC grew its stake in shares of Vanguard Intermediate-Term Bond ETF by 117,987.6% in the first quarter. Wit LLC now owns 839,603 shares of the company’s stock valued at $68,621,000 after acquiring an additional 838,892 shares in the last quarter. EP Wealth Advisors LLC grew its stake in shares of 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 valued at $413,058,000 after acquiring an additional 819,212 shares in the last quarter. Finally, Zhang Financial LLC grew its stake in shares of Vanguard Intermediate-Term Bond ETF by 263.9% in the first quarter. Zhang Financial LLC now owns 660,669 shares of the company’s stock valued at $50,587,000 after acquiring an additional 479,115 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

BIV stock opened at $78.04 on Friday. The company’s 50-day simple moving average is $77.75 and its 200 day simple moving average is $76.77. Vanguard Intermediate-Term Bond ETF has a 52 week low of $73.72 and a 52 week high of $78.79.

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).