Vanguard Intermediate-Term Bond ETF $BIV Stake Lifted by Cranbrook Wealth Management LLC

Cranbrook Wealth Management LLC boosted its holdings in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 2.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 715,982 shares of the company’s stock after purchasing an additional 14,290 shares during the period. Vanguard Intermediate-Term Bond ETF makes up 11.0% of Cranbrook Wealth Management LLC’s investment portfolio, making the stock its 2nd largest holding. Cranbrook Wealth Management LLC owned about 0.21% of Vanguard Intermediate-Term Bond ETF worth $55,761,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of BIV. Blue Trust Inc. boosted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 85.5% in the third quarter. Blue Trust Inc. now owns 371 shares of the company’s stock valued at $29,000 after acquiring an additional 171 shares in the last quarter. Kelleher Financial Advisors purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF in the third quarter valued at about $30,000. Texas Capital Bancshares Inc TX purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF in the third quarter valued at about $31,000. Alpine Bank Wealth Management purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF in the third quarter valued at about $33,000. Finally, Global Trust Asset Management LLC purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF in the fourth quarter valued at about $45,000.

Vanguard Intermediate-Term Bond ETF Stock Up 0.1%

Shares of NYSEARCA:BIV opened at $77.43 on Thursday. Vanguard Intermediate-Term Bond ETF has a fifty-two week low of $75.28 and a fifty-two week high of $79.08. The firm’s 50-day simple moving average is $77.68 and its 200-day simple moving average is $77.95.

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.