Prudent Investor Advisors LLC Makes New $1.29 Million Investment in Vanguard Intermediate-Term Bond ETF $BIV

Prudent Investor Advisors LLC purchased a new stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 17,653 shares of the company’s stock, valued at approximately $1,286,000. Vanguard Intermediate-Term Bond ETF accounts for approximately 1.0% of Prudent Investor Advisors LLC’s portfolio, making the stock its 19th biggest holding.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in BIV. Envestnet Asset Management Inc. lifted its holdings in Vanguard Intermediate-Term Bond ETF by 2.9% during the second quarter. Envestnet Asset Management Inc. now owns 24,235,046 shares of the company’s stock valued at $1,858,828,000 after purchasing an additional 680,629 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of Vanguard Intermediate-Term Bond ETF by 6.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 12,822,370 shares of the company’s stock valued at $983,476,000 after purchasing an additional 752,384 shares during the period. Bank of America Corp DE increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 8.1% during the first quarter. Bank of America Corp DE now owns 7,183,505 shares of the company’s stock worth $554,423,000 after purchasing an additional 541,131 shares in the last quarter. Baird Financial Group Inc. increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 10.4% during the second quarter. Baird Financial Group Inc. now owns 6,176,904 shares of the company’s stock worth $473,769,000 after purchasing an additional 580,427 shares in the last quarter. Finally, Lincoln National Corp increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 1.6% during the first quarter. Lincoln National Corp now owns 2,185,893 shares of the company’s stock worth $168,707,000 after purchasing an additional 33,908 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Down 0.2%

Shares of BIV traded down $0.14 during mid-day trading on Friday, hitting $73.93. 1,677,164 shares of the company were exchanged, compared to its average volume of 1,934,166. Vanguard Intermediate-Term Bond ETF has a 1-year low of $72.31 and a 1-year high of $79.08. The company has a 50 day moving average of $74.09 and a 200-day moving average of $75.61.

Vanguard Intermediate-Term Bond ETF 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.