Wealth Enhancement Trust Services Inc. Makes New Investment in Vanguard Intermediate-Term Bond ETF $BIV

Wealth Enhancement Trust Services Inc. bought a new position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 128,821 shares of the company’s stock, valued at approximately $10,033,000. Vanguard Intermediate-Term Bond ETF comprises about 1.3% of Wealth Enhancement Trust Services Inc.’s holdings, making the stock its 16th biggest position.

A number of other hedge funds have also bought and sold shares of the business. Envestnet Asset Management Inc. raised its position in Vanguard Intermediate-Term Bond ETF by 5.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 19,586,319 shares of the company’s stock worth $1,529,496,000 after buying an additional 1,016,721 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Vanguard Intermediate-Term Bond ETF by 8.8% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 9,911,931 shares of the company’s stock valued at $774,023,000 after purchasing an additional 805,042 shares during the period. True Link Financial Advisors LLC grew its stake in shares of Vanguard Intermediate-Term Bond ETF by 6.4% during the 3rd quarter. True Link Financial Advisors LLC now owns 4,852,251 shares of the company’s stock valued at $378,912,000 after purchasing an additional 289,758 shares during the period. Ameriprise Financial Inc. grew its stake in shares of Vanguard Intermediate-Term Bond ETF by 1.9% during the 3rd quarter. Ameriprise Financial Inc. now owns 4,052,118 shares of the company’s stock valued at $315,993,000 after purchasing an additional 74,818 shares during the period. Finally, Mather Group LLC. grew its stake in shares of Vanguard Intermediate-Term Bond ETF by 5.1% during the 4th quarter. Mather Group LLC. now owns 3,525,085 shares of the company’s stock valued at $274,534,000 after purchasing an additional 170,062 shares during the period.

Vanguard Intermediate-Term Bond ETF Stock Performance

Vanguard Intermediate-Term Bond ETF stock opened at $77.65 on Friday. The business has a 50-day simple moving average of $77.71 and a two-hundred day simple moving average of $77.97. Vanguard Intermediate-Term Bond ETF has a 52-week low of $75.28 and a 52-week high of $79.08.

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.