BetterWealth LLC Has $37.20 Million Stock Position in Vanguard Intermediate-Term Bond ETF $BIV

BetterWealth LLC lifted its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 3.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 481,986 shares of the company’s stock after buying an additional 17,067 shares during the period. Vanguard Intermediate-Term Bond ETF makes up approximately 7.3% of BetterWealth LLC’s holdings, making the stock its 5th largest holding. BetterWealth LLC owned about 0.13% of Vanguard Intermediate-Term Bond ETF worth $37,200,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Covenant Asset Management LLC purchased a new position in Vanguard Intermediate-Term Bond ETF during the 4th quarter valued at about $1,177,000. Clarity Wealth Advisors LLC boosted its stake in shares of Vanguard Intermediate-Term Bond ETF by 18.4% during the 4th quarter. Clarity Wealth Advisors LLC now owns 135,024 shares of the company’s stock valued at $10,516,000 after purchasing an additional 21,013 shares in the last quarter. Fonville Wealth Management LLC boosted its stake in shares of Vanguard Intermediate-Term Bond ETF by 34.8% during the 4th quarter. Fonville Wealth Management LLC now owns 177,008 shares of the company’s stock valued at $13,785,000 after purchasing an additional 45,702 shares in the last quarter. Betterment LLC increased its position in shares of Vanguard Intermediate-Term Bond ETF by 7.2% during the third quarter. Betterment LLC now owns 282,041 shares of the company’s stock valued at $22,025,000 after buying an additional 19,017 shares during the period. Finally, Asset Allocation & Management Company LLC bought a new position in shares of Vanguard Intermediate-Term Bond ETF in the 4th quarter worth approximately $1,150,000.

Vanguard Intermediate-Term Bond ETF Stock Performance

NYSEARCA BIV opened at $76.31 on Thursday. The stock’s 50 day moving average is $76.62 and its 200 day moving average is $77.37. Vanguard Intermediate-Term Bond ETF has a twelve month low of $75.63 and a twelve month high of $79.08.

About Vanguard Intermediate-Term Bond ETF

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.