Retirement Planning Group LLC Buys 71,690 Shares of Vanguard Intermediate-Term Bond ETF $BIV

Retirement Planning Group LLC grew its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 87.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 153,297 shares of the company’s stock after buying an additional 71,690 shares during the quarter. Retirement Planning Group LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $11,758,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in BIV. EP Wealth Advisors LLC purchased a new position in Vanguard Intermediate-Term Bond ETF during the fourth quarter valued at approximately $672,555,000. Fifth Third Bancorp lifted its stake in Vanguard Intermediate-Term Bond ETF by 1,077.4% in the 1st quarter. Fifth Third Bancorp now owns 1,496,862 shares of the company’s stock worth $115,528,000 after purchasing an additional 1,369,725 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in 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 worth $874,408,000 after purchasing an additional 1,315,707 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 5.1% during 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 purchasing an additional 1,249,895 shares during the last quarter. Finally, Morgan Stanley boosted 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 valued at $581,888,000 after purchasing an additional 790,288 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of Vanguard Intermediate-Term Bond ETF stock opened at $75.60 on Friday. The stock has a 50 day moving average of $76.07 and a 200 day moving average of $76.91. Vanguard Intermediate-Term Bond ETF has a 12 month low of $75.31 and a 12 month 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.