Vanguard Intermediate-Term Bond ETF $BIV Holdings Cut by Asset Management Group Inc.

Asset Management Group Inc. decreased its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 8.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 128,867 shares of the company’s stock after selling 11,571 shares during the quarter. Vanguard Intermediate-Term Bond ETF makes up about 1.6% of Asset Management Group Inc.’s holdings, making the stock its 19th biggest position. Asset Management Group Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $10,036,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Wells Fargo & Company MN lifted its position in Vanguard Intermediate-Term Bond ETF by 5.1% in the 4th quarter. Wells Fargo & Company MN now owns 25,526,720 shares of the company’s stock worth $1,988,021,000 after buying an additional 1,249,895 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in Vanguard Intermediate-Term Bond ETF by 13.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 11,227,638 shares of the company’s stock worth $874,408,000 after buying an additional 1,315,707 shares in the last quarter. Morgan Stanley lifted its position in Vanguard Intermediate-Term Bond ETF by 11.8% in the 4th quarter. Morgan Stanley now owns 7,471,592 shares of the company’s stock worth $581,888,000 after buying an additional 790,288 shares in the last quarter. True Link Financial Advisors LLC lifted its position 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 buying an additional 373,290 shares in the last quarter. Finally, LPL Financial LLC lifted its position in Vanguard Intermediate-Term Bond ETF by 3.3% in the 4th quarter. LPL Financial LLC now owns 5,155,499 shares of the company’s stock worth $401,510,000 after buying an additional 166,277 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Trading Up 0.2%

BIV stock opened at $76.68 on Wednesday. Vanguard Intermediate-Term Bond ETF has a 12-month low of $75.63 and a 12-month high of $79.08. The company has a 50 day moving average of $76.77 and a two-hundred day moving average of $77.50.

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.