Sovereign Financial Group Inc. lifted its position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV – Free Report) by 13.1% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 88,124 shares of the company’s stock after buying an additional 10,175 shares during the quarter. Vanguard Intermediate-Term Bond ETF comprises 1.2% of Sovereign Financial Group Inc.’s holdings, making the stock its 16th biggest position. Sovereign Financial Group Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $6,801,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently modified their holdings of BIV. EP Wealth Advisors LLC acquired a new position in shares of Vanguard Intermediate-Term Bond ETF in the fourth quarter valued at about $672,555,000. Northwestern Mutual Wealth Management Co. boosted its holdings in Vanguard Intermediate-Term Bond ETF by 13.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 11,227,638 shares of the company’s stock valued at $874,408,000 after purchasing an additional 1,315,707 shares during the period. Wells Fargo & Company MN boosted its holdings in Vanguard Intermediate-Term Bond ETF by 5.1% in the 4th quarter. Wells Fargo & Company MN now owns 25,526,720 shares of the company’s stock valued at $1,988,021,000 after purchasing an additional 1,249,895 shares during the period. Morgan Stanley grew its position in shares of Vanguard Intermediate-Term Bond ETF by 11.8% during the 4th quarter. Morgan Stanley now owns 7,471,592 shares of the company’s stock worth $581,888,000 after purchasing an additional 790,288 shares in the last quarter. Finally, Cornerstone Planning Group LLC grew its position in shares of Vanguard Intermediate-Term Bond ETF by 680,593.6% during the 4th quarter. Cornerstone Planning Group LLC now owns 530,941 shares of the company’s stock worth $41,313,000 after purchasing an additional 530,863 shares in the last quarter.
Vanguard Intermediate-Term Bond ETF Stock Down 0.2%
Shares of BIV opened at $76.34 on Tuesday. Vanguard Intermediate-Term Bond ETF has a 12 month low of $75.63 and a 12 month high of $79.08. The firm’s 50 day moving average is $76.72 and its 200-day moving average is $77.44.
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). 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.
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