Level Financial Advisors Increases Position in Vanguard Intermediate-Term Bond ETF $BIV

Level Financial Advisors increased its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV – Free Report) by 25.2% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 32,939 shares of the company’s stock after acquiring an additional 6,628 shares during the period. Level Financial Advisors’ holdings in Vanguard Intermediate-Term Bond ETF were worth $2,565,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BIV. Envestnet Asset Management Inc. boosted its position in Vanguard Intermediate-Term Bond ETF by 5.5% during the third quarter. Envestnet Asset Management Inc. now owns 19,586,319 shares of the company’s stock valued at $1,529,496,000 after buying an additional 1,016,721 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in Vanguard Intermediate-Term Bond ETF by 8.8% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 9,911,931 shares of the company’s stock valued at $774,023,000 after buying an additional 805,042 shares during the period. True Link Financial Advisors LLC boosted its position in Vanguard Intermediate-Term Bond ETF by 6.4% during the third quarter. True Link Financial Advisors LLC now owns 4,852,251 shares of the company’s stock valued at $378,912,000 after buying an additional 289,758 shares during the period. Ameriprise Financial Inc. boosted its position in Vanguard Intermediate-Term Bond ETF by 1.9% during the third quarter. Ameriprise Financial Inc. now owns 4,052,118 shares of the company’s stock valued at $315,993,000 after buying an additional 74,818 shares during the period. Finally, Mather Group LLC. boosted its position in Vanguard Intermediate-Term Bond ETF by 5.1% during the fourth quarter. Mather Group LLC. now owns 3,525,085 shares of the company’s stock valued at $274,534,000 after buying an additional 170,062 shares during the period.

Vanguard Intermediate-Term Bond ETF Stock Performance

NYSEARCA BIV opened at $77.32 on Friday. The company has a 50-day simple moving average of $77.71 and a two-hundred day simple moving average of $77.97. Vanguard Intermediate-Term Bond ETF has a 12-month low of $75.28 and a 12-month high of $79.08.

About Vanguard Intermediate-Term Bond ETF

(Free Report)

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.

Further Reading

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