Vanguard Intermediate-Term Bond ETF $BIV is MBA Advisors LLC’s Largest Position

MBA Advisors LLC boosted its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 6.1% in the third quarter, HoldingsChannel.com reports. The firm owned 191,459 shares of the company’s stock after buying an additional 11,003 shares during the quarter. Vanguard Intermediate-Term Bond ETF comprises about 6.4% of MBA Advisors LLC’s investment portfolio, making the stock its largest holding. MBA Advisors LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $14,951,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. American Trust acquired a new position in shares of Vanguard Intermediate-Term Bond ETF in the 2nd quarter valued at $82,058,000. EP Wealth Advisors LLC raised its stake in Vanguard Intermediate-Term Bond ETF by 12.6% during the 2nd quarter. EP Wealth Advisors LLC now owns 6,071,963 shares of the company’s stock worth $469,606,000 after acquiring an additional 677,443 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in Vanguard Intermediate-Term Bond ETF by 2.6% in the second quarter. Envestnet Asset Management Inc. now owns 18,569,598 shares of the company’s stock valued at $1,436,171,000 after acquiring an additional 477,188 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in Vanguard Intermediate-Term Bond ETF by 5.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 9,106,889 shares of the company’s stock valued at $704,327,000 after acquiring an additional 461,305 shares during the last quarter. Finally, TIAA Trust National Association boosted its stake in Vanguard Intermediate-Term Bond ETF by 23.4% in the second quarter. TIAA Trust National Association now owns 2,372,485 shares of the company’s stock valued at $183,488,000 after acquiring an additional 450,557 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Down 0.2%

Shares of BIV stock opened at $77.96 on Friday. The stock’s 50-day moving average is $78.09 and its two-hundred day moving average is $77.82. Vanguard Intermediate-Term Bond ETF has a 1 year low of $74.37 and a 1 year high of $78.91.

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). The Index includes all medium and larger issues of the United States Government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities between 5 and 10 years and are publicly issued.