Smart Money Group LLC Has $3.97 Million Stock Position in Vanguard Intermediate-Term Bond ETF $BIV

Smart Money Group LLC increased its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 13.4% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 51,280 shares of the company’s stock after purchasing an additional 6,076 shares during the quarter. Vanguard Intermediate-Term Bond ETF makes up approximately 1.2% of Smart Money Group LLC’s investment portfolio, making the stock its 9th biggest position. Smart Money Group LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $3,966,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the stock. Beacon Capital Management Inc. grew its stake in shares of Vanguard Intermediate-Term Bond ETF by 624.3% during the 1st quarter. Beacon Capital Management Inc. now owns 6,022,945 shares of the company’s stock valued at $456,660,000 after acquiring an additional 5,191,374 shares during the period. Wit LLC raised its position in shares of Vanguard Intermediate-Term Bond ETF by 117,987.6% during the 1st quarter. Wit LLC now owns 839,603 shares of the company’s stock valued at $68,621,000 after purchasing an additional 838,892 shares during the period. EP Wealth Advisors LLC lifted its position 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. Envestnet Asset Management Inc. grew its position in shares of Vanguard Intermediate-Term Bond ETF by 2.6% during the second quarter. Envestnet Asset Management Inc. now owns 18,569,598 shares of the company’s stock worth $1,436,171,000 after purchasing an additional 477,188 shares in the last quarter. Finally, TIAA Trust National Association raised its stake in Vanguard Intermediate-Term Bond ETF by 23.4% during the 2nd quarter. TIAA Trust National Association now owns 2,372,485 shares of the company’s stock valued at $183,488,000 after purchasing an additional 450,557 shares during the period.

Vanguard Intermediate-Term Bond ETF Stock Up 0.5%

Shares of BIV opened at $78.08 on Friday. Vanguard Intermediate-Term Bond ETF has a 1 year low of $73.72 and a 1 year high of $78.91. The company has a 50 day simple moving average of $78.25 and a two-hundred day simple moving average of $77.15.

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).