Vanguard Intermediate-Term Bond ETF $BIV Position Boosted by Cornerstone Planning Group LLC

Cornerstone Planning Group LLC grew its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 10.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 585,094 shares of the company’s stock after buying an additional 54,153 shares during the quarter. Vanguard Intermediate-Term Bond ETF makes up 6.2% of Cornerstone Planning Group LLC’s portfolio, making the stock its 4th biggest holding. Cornerstone Planning Group LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $44,871,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Covenant Asset Management LLC purchased a new position in shares of Vanguard Intermediate-Term Bond ETF in the fourth quarter valued at about $1,177,000. Clarity Wealth Advisors LLC boosted its stake in shares of Vanguard Intermediate-Term Bond ETF by 18.4% in the fourth quarter. Clarity Wealth Advisors LLC now owns 135,024 shares of the company’s stock worth $10,516,000 after acquiring an additional 21,013 shares during the period. Fonville Wealth Management LLC boosted its stake in shares of Vanguard Intermediate-Term Bond ETF by 34.8% in the fourth quarter. Fonville Wealth Management LLC now owns 177,008 shares of the company’s stock worth $13,785,000 after acquiring an additional 45,702 shares during the period. Asset Allocation & Management Company LLC purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF during the fourth quarter worth about $1,150,000. Finally, D.A. Davidson & CO. grew its position in shares of Vanguard Intermediate-Term Bond ETF by 17.7% during the fourth quarter. D.A. Davidson & CO. now owns 97,768 shares of the company’s stock worth $7,614,000 after purchasing an additional 14,697 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of BIV opened at $76.14 on Friday. The business’s 50 day moving average is $76.38 and its 200 day moving average is $77.22. 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.