Flputnam Investment Management Co. Makes New Investment in Vanguard Intermediate-Term Bond ETF $BIV

Flputnam Investment Management Co. bought a new position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 6,599 shares of the company’s stock, valued at approximately $514,000.

A number of other institutional investors and hedge funds have also bought and sold shares of BIV. Envestnet Asset Management Inc. increased its holdings in Vanguard Intermediate-Term Bond ETF by 5.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 19,586,319 shares of the company’s stock worth $1,529,496,000 after purchasing an additional 1,016,721 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in Vanguard Intermediate-Term Bond ETF by 8.8% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 9,911,931 shares of the company’s stock worth $774,023,000 after purchasing an additional 805,042 shares in the last quarter. Cornerstone Planning Group LLC increased its holdings in Vanguard Intermediate-Term Bond ETF by 680,593.6% in the 4th quarter. Cornerstone Planning Group LLC now owns 530,941 shares of the company’s stock worth $41,313,000 after purchasing an additional 530,863 shares in the last quarter. True Link Financial Advisors LLC increased its holdings in Vanguard Intermediate-Term Bond ETF by 7.7% in the 4th quarter. True Link Financial Advisors LLC now owns 5,225,541 shares of the company’s stock worth $406,965,000 after purchasing an additional 373,290 shares in the last quarter. Finally, Zhang Financial LLC increased its holdings in Vanguard Intermediate-Term Bond ETF by 41.3% in the 3rd quarter. Zhang Financial LLC now owns 1,136,494 shares of the company’s stock worth $88,749,000 after purchasing an additional 331,964 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of BIV stock opened at $76.85 on Friday. The stock has a 50-day moving average of $76.91 and a 200-day moving average of $77.66. Vanguard Intermediate-Term Bond ETF has a 1-year low of $75.63 and a 1-year 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.