Vanguard Intermediate-Term Bond ETF $BIV Shares Sold by First Merchants Corp

First Merchants Corp cut its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV – Free Report) by 67.8% in the third quarter, Holdings Channel.com reports. The fund owned 302,029 shares of the company’s stock after selling 634,806 shares during the quarter. First Merchants Corp’s holdings in Vanguard Intermediate-Term Bond ETF were worth $22,006,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in BIV. Fifth Third Bancorp increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 1,077.4% during the 1st quarter. Fifth Third Bancorp now owns 1,496,862 shares of the company’s stock worth $115,528,000 after purchasing an additional 1,369,725 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Vanguard Intermediate-Term Bond ETF by 6.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 12,822,370 shares of the company’s stock valued at $983,476,000 after purchasing an additional 752,384 shares in the last quarter. Allied Investment Advisors LLC raised its holdings in shares of Vanguard Intermediate-Term Bond ETF by 476.9% during the 3rd quarter. Allied Investment Advisors LLC now owns 896,849 shares of the company’s stock valued at $65,344,000 after purchasing an additional 741,376 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of Vanguard Intermediate-Term Bond ETF by 2.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 24,235,046 shares of the company’s stock valued at $1,858,828,000 after purchasing an additional 680,629 shares during the last quarter. Finally, Baird Financial Group Inc. lifted its stake in shares of Vanguard Intermediate-Term Bond ETF by 10.4% in the 2nd quarter. Baird Financial Group Inc. now owns 6,176,904 shares of the company’s stock valued at $473,769,000 after purchasing an additional 580,427 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Trading Up 0.6%

Shares of NYSEARCA:BIV opened at $73.54 on Friday. Vanguard Intermediate-Term Bond ETF has a 1 year low of $72.31 and a 1 year high of $79.08. The firm has a fifty day moving average price of $74.32 and a 200 day moving average price of $75.74.

Vanguard Intermediate-Term Bond ETF Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding BIV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV – Free Report).

Institutional Ownership by Quarter for Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Receive News & Ratings for Vanguard Intermediate-Term Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard Intermediate-Term Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.