BetterWealth LLC Grows Position in Vanguard Intermediate-Term Bond ETF $BIV

BetterWealth LLC raised its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 3.7% during the first quarter, HoldingsChannel reports. The fund owned 481,986 shares of the company’s stock after buying an additional 17,067 shares during the period. Vanguard Intermediate-Term Bond ETF comprises approximately 7.3% of BetterWealth LLC’s holdings, making the stock its 5th largest position. BetterWealth LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $37,200,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of BIV. Diversify Advisory Services LLC raised its holdings in Vanguard Intermediate-Term Bond ETF by 602.7% in the second quarter. Diversify Advisory Services LLC now owns 20,834 shares of the company’s stock worth $1,610,000 after buying an additional 17,869 shares during the last quarter. Diversify Wealth Management LLC purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF during the second quarter valued at approximately $250,000. Raymond James Financial Inc. grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 20.1% during the second quarter. Raymond James Financial Inc. now owns 1,923,304 shares of the company’s stock valued at $148,748,000 after buying an additional 322,207 shares during the last quarter. Ausdal Financial Partners Inc. increased its position in shares of Vanguard Intermediate-Term Bond ETF by 0.8% during the second quarter. Ausdal Financial Partners Inc. now owns 32,739 shares of the company’s stock valued at $2,532,000 after acquiring an additional 264 shares in the last quarter. Finally, Jane Street Group LLC bought a new stake in shares of Vanguard Intermediate-Term Bond ETF during the second quarter valued at approximately $17,088,000.

Vanguard Intermediate-Term Bond ETF Stock Performance

BIV stock opened at $76.31 on Thursday. Vanguard Intermediate-Term Bond ETF has a 1-year low of $75.63 and a 1-year high of $79.08. The business has a fifty day moving average price of $76.62 and a 200-day moving average price of $77.37.

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.