Defined Financial Planning LLC Invests $2.22 Million in Vanguard Intermediate-Term Bond ETF $BIV

Defined Financial Planning LLC bought a new stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 29,095 shares of the company’s stock, valued at approximately $2,216,000. Vanguard Intermediate-Term Bond ETF makes up 2.0% of Defined Financial Planning LLC’s investment portfolio, making the stock its 17th biggest position.

A number of other hedge funds have also bought and sold shares of the company. Envestnet Asset Management Inc. increased its holdings in Vanguard Intermediate-Term Bond ETF by 7.3% in the first quarter. Envestnet Asset Management Inc. now owns 18,092,410 shares of the company’s stock valued at $1,385,336,000 after buying an additional 1,238,612 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of Vanguard Intermediate-Term Bond ETF by 4.1% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 8,645,584 shares of the company’s stock worth $661,992,000 after acquiring an additional 341,298 shares in the last quarter. Goldman Sachs Group Inc. grew its position in shares of Vanguard Intermediate-Term Bond ETF by 3.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 7,972,446 shares of the company’s stock worth $610,450,000 after acquiring an additional 241,266 shares in the last quarter. Beacon Capital Management Inc. increased its holdings in shares of Vanguard Intermediate-Term Bond ETF by 624.3% in the 1st quarter. Beacon Capital Management Inc. now owns 6,022,945 shares of the company’s stock valued at $456,660,000 after acquiring an additional 5,191,374 shares during the last quarter. Finally, EP Wealth Advisors LLC raised its position in shares of Vanguard Intermediate-Term Bond ETF by 17.9% during the 1st quarter. EP Wealth Advisors LLC now owns 5,394,520 shares of the company’s stock valued at $413,058,000 after acquiring an additional 819,212 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of BIV opened at $77.88 on Tuesday. The business’s fifty day moving average price is $77.78 and its 200 day moving average price is $76.79. Vanguard Intermediate-Term Bond ETF has a 12-month low of $73.72 and a 12-month high of $78.79.

Vanguard Intermediate-Term Bond ETF Company 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).