Lincoln National Corp Increases Stake in Vanguard Intermediate-Term Bond ETF $BIV

Lincoln National Corp boosted its holdings in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 1.6% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,185,893 shares of the company’s stock after buying an additional 33,908 shares during the quarter. Vanguard Intermediate-Term Bond ETF accounts for 4.9% of Lincoln National Corp’s investment portfolio, making the stock its 12th largest position. Lincoln National Corp’s holdings in Vanguard Intermediate-Term Bond ETF were worth $168,707,000 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. Covenant Asset Management LLC acquired a new stake in Vanguard Intermediate-Term Bond ETF in the 4th quarter valued at about $1,177,000. Clarity Wealth Advisors LLC grew its position in shares of Vanguard Intermediate-Term Bond ETF by 18.4% during the fourth quarter. Clarity Wealth Advisors LLC now owns 135,024 shares of the company’s stock worth $10,516,000 after buying an additional 21,013 shares in the last quarter. Fonville Wealth Management LLC grew its position in shares of Vanguard Intermediate-Term Bond ETF by 34.8% during the fourth quarter. Fonville Wealth Management LLC now owns 177,008 shares of the company’s stock worth $13,785,000 after buying an additional 45,702 shares in the last quarter. Asset Allocation & Management Company LLC purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF during the fourth quarter worth approximately $1,150,000. Finally, D.A. Davidson & CO. increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 17.7% during the fourth quarter. D.A. Davidson & CO. now owns 97,768 shares of the company’s stock worth $7,614,000 after buying an additional 14,697 shares during the period.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of NYSEARCA:BIV opened at $76.02 on Monday. The firm’s 50 day moving average price is $76.47 and its 200 day moving average price is $77.29. Vanguard Intermediate-Term Bond ETF has a fifty-two week low of $75.63 and a fifty-two week high of $79.08.

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). 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.