Hurlow Wealth Management Group Inc. Buys 17,903 Shares of Vanguard Intermediate-Term Bond ETF $BIV

Hurlow Wealth Management Group Inc. boosted its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 16.0% in the 1st quarter, HoldingsChannel reports. The fund owned 129,737 shares of the company’s stock after buying an additional 17,903 shares during the quarter. Vanguard Intermediate-Term Bond ETF accounts for 2.4% of Hurlow Wealth Management Group Inc.’s portfolio, making the stock its 14th biggest position. Hurlow Wealth Management Group Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $10,013,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Wells Fargo & Company MN increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 5.1% in the fourth quarter. Wells Fargo & Company MN now owns 25,526,720 shares of the company’s stock worth $1,988,021,000 after buying an additional 1,249,895 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in Vanguard Intermediate-Term Bond ETF by 13.3% during 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 last quarter. EP Wealth Advisors LLC purchased a new stake in Vanguard Intermediate-Term Bond ETF during the 4th quarter valued at $672,555,000. Morgan Stanley boosted its position in 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 valued at $581,888,000 after buying an additional 790,288 shares during the period. Finally, True Link Financial Advisors LLC grew its holdings in Vanguard Intermediate-Term Bond ETF by 7.7% in the 4th quarter. True Link Financial Advisors LLC now owns 5,225,541 shares of the company’s stock worth $406,965,000 after acquiring an additional 373,290 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

BIV stock opened at $76.99 on Monday. The firm’s 50-day moving average price is $76.67 and its two-hundred day moving average price is $77.40. Vanguard Intermediate-Term Bond ETF has a 12-month low of $75.63 and a 12-month high of $79.08.

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.