16,943 Shares in Vanguard Intermediate-Term Bond ETF $BIV Acquired by Independent Financial Group LLC

Independent Financial Group LLC acquired a new position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 16,943 shares of the company’s stock, valued at approximately $1,308,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. EP Wealth Advisors LLC acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF during the 4th quarter worth $672,555,000. Fifth Third Bancorp raised its stake in Vanguard Intermediate-Term Bond ETF by 1,077.4% in the first quarter. Fifth Third Bancorp now owns 1,496,862 shares of the company’s stock valued at $115,528,000 after purchasing an additional 1,369,725 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in Vanguard Intermediate-Term Bond ETF by 13.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 11,227,638 shares of the company’s stock worth $874,408,000 after purchasing an additional 1,315,707 shares during the period. Wells Fargo & Company MN lifted its position in Vanguard Intermediate-Term Bond ETF by 5.1% during the fourth quarter. Wells Fargo & Company MN now owns 25,526,720 shares of the company’s stock worth $1,988,021,000 after purchasing an additional 1,249,895 shares during the period. Finally, Morgan Stanley grew its stake in Vanguard Intermediate-Term Bond ETF by 11.8% during the fourth quarter. Morgan Stanley now owns 7,471,592 shares of the company’s stock worth $581,888,000 after buying an additional 790,288 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

BIV stock opened at $75.94 on Tuesday. Vanguard Intermediate-Term Bond ETF has a 12 month low of $75.63 and a 12 month high of $79.08. The company’s 50-day moving average price is $76.36 and its two-hundred day moving average price is $77.20.

Vanguard Intermediate-Term Bond ETF 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.