American Trust Raises Stock Holdings in Vanguard Intermediate-Term Bond ETF $BIV

American Trust boosted its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 8.1% in the first quarter, Holdings Channel reports. The firm owned 1,240,393 shares of the company’s stock after purchasing an additional 92,702 shares during the quarter. Vanguard Intermediate-Term Bond ETF accounts for about 8.5% of American Trust’s investment portfolio, making the stock its 2nd largest position. American Trust’s holdings in Vanguard Intermediate-Term Bond ETF were worth $95,734,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of BIV. EP Wealth Advisors LLC acquired a new stake in Vanguard Intermediate-Term Bond ETF during the fourth quarter worth about $672,555,000. Northwestern Mutual Wealth Management Co. raised its position in shares of 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 in the last quarter. Wells Fargo & Company MN raised its position 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 buying an additional 1,249,895 shares in the last quarter. Morgan Stanley lifted its holdings in shares of 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 worth $581,888,000 after acquiring an additional 790,288 shares during the period. Finally, Cornerstone Planning Group LLC lifted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 680,593.6% during the 4th quarter. Cornerstone Planning Group LLC now owns 530,941 shares of the company’s stock worth $41,313,000 after acquiring an additional 530,863 shares during the period.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of NYSEARCA BIV traded down $0.06 during trading hours on Friday, hitting $76.02. 1,397,103 shares of the stock were exchanged, compared to its average volume of 1,972,286. The company’s fifty day simple moving average is $76.47 and its two-hundred day simple moving average is $77.29. Vanguard Intermediate-Term Bond ETF has a 1-year low of $75.63 and a 1-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.