Waverly Advisors LLC Grows Stock Position in Vanguard Intermediate-Term Bond ETF $BIV

Waverly Advisors LLC boosted its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIVFree Report) by 17.6% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 138,685 shares of the company’s stock after acquiring an additional 20,714 shares during the period. Waverly Advisors LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $10,704,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in BIV. Wells Fargo & Company MN lifted its stake in shares of 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 last quarter. Northwestern Mutual Wealth Management Co. raised 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 buying an additional 1,315,707 shares during the period. EP Wealth Advisors LLC purchased a new stake in Vanguard Intermediate-Term Bond ETF in the 4th quarter valued at about $672,555,000. Morgan Stanley raised its holdings in Vanguard Intermediate-Term Bond ETF by 11.8% in the 4th quarter. Morgan Stanley now owns 7,471,592 shares of the company’s stock valued at $581,888,000 after buying an additional 790,288 shares during the period. Finally, True Link Financial Advisors LLC lifted its position in Vanguard Intermediate-Term Bond ETF by 7.7% in the fourth quarter. True Link Financial Advisors LLC now owns 5,225,541 shares of the company’s stock valued at $406,965,000 after buying an additional 373,290 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of BIV stock opened at $75.51 on Monday. The company has a 50-day moving average of $76.29 and a two-hundred day moving average of $77.14. Vanguard Intermediate-Term Bond ETF has a 1-year low of $75.35 and a 1-year high of $79.08.

About Vanguard Intermediate-Term Bond ETF

(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.

Further Reading

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

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