Vanguard Intermediate-Term Bond ETF $BIV Shares Bought by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. lifted its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 7.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 470,024 shares of the company’s stock after acquiring an additional 32,603 shares during the period. PNC Financial Services Group Inc. owned 0.13% of Vanguard Intermediate-Term Bond ETF worth $36,605,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in BIV. Csenge Advisory Group acquired a new stake in Vanguard Intermediate-Term Bond ETF during the fourth quarter valued at approximately $363,000. L.K. Benson & Company P.C. acquired a new stake in Vanguard Intermediate-Term Bond ETF during the fourth quarter valued at approximately $202,000. Envestnet Portfolio Solutions Inc. lifted its stake in Vanguard Intermediate-Term Bond ETF by 4.4% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 2,246,991 shares of the company’s stock valued at $174,996,000 after purchasing an additional 93,829 shares during the last quarter. Verde Capital Management lifted its stake in Vanguard Intermediate-Term Bond ETF by 5.0% during the fourth quarter. Verde Capital Management now owns 140,471 shares of the company’s stock valued at $10,940,000 after purchasing an additional 6,709 shares during the last quarter. Finally, Evergreen Wealth Management LLC lifted its stake in Vanguard Intermediate-Term Bond ETF by 3.6% during the fourth quarter. Evergreen Wealth Management LLC now owns 80,887 shares of the company’s stock valued at $6,300,000 after purchasing an additional 2,823 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

BIV stock opened at $76.23 on Friday. Vanguard Intermediate-Term Bond ETF has a 12 month low of $75.28 and a 12 month high of $79.08. The firm has a 50 day simple moving average of $77.01 and a 200 day simple moving average of $77.71.

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.