Vanguard Intermediate-Term Bond ETF $BIV Stock: Retirement Planning Group LLC Boosts Stake

Retirement Planning Group LLC grew its position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 7.3% during the third quarter, HoldingsChannel.com reports. The firm owned 164,484 shares of the company’s stock after purchasing an additional 11,187 shares during the period. Retirement Planning Group LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $11,984,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Envestnet Asset Management Inc. grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 2.9% during the second quarter. Envestnet Asset Management Inc. now owns 24,235,046 shares of the company’s stock worth $1,858,828,000 after purchasing an additional 680,629 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 6.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 12,822,370 shares of the company’s stock valued at $983,476,000 after buying an additional 752,384 shares during the period. Bank of America Corp DE raised its holdings in Vanguard Intermediate-Term Bond ETF by 8.1% in the 1st quarter. Bank of America Corp DE now owns 7,183,505 shares of the company’s stock valued at $554,423,000 after buying an additional 541,131 shares during the last quarter. Baird Financial Group Inc. raised its holdings in 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 buying an additional 580,427 shares during the last quarter. Finally, Lincoln National Corp raised its holdings in Vanguard Intermediate-Term Bond ETF by 1.6% in the 1st quarter. Lincoln National Corp now owns 2,185,893 shares of the company’s stock valued at $168,707,000 after buying an additional 33,908 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Trading Down 0.4%

NYSEARCA:BIV opened at $73.30 on Tuesday. The firm’s 50 day simple moving average is $74.24 and its 200 day simple moving average is $75.69. Vanguard Intermediate-Term Bond ETF has a one year low of $72.31 and a one year 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.