Efficient Advisors LLC Buys 42,419 Shares of Vanguard Intermediate-Term Bond ETF $BIV

Efficient Advisors LLC raised its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 3.1% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,414,410 shares of the company’s stock after buying an additional 42,419 shares during the period. Vanguard Intermediate-Term Bond ETF makes up approximately 7.8% of Efficient Advisors LLC’s holdings, making the stock its 2nd largest holding. Efficient Advisors LLC owned about 0.38% of Vanguard Intermediate-Term Bond ETF worth $109,164,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Wells Fargo & Company MN increased its position in shares of Vanguard Intermediate-Term Bond ETF by 5.1% in the fourth quarter. Wells Fargo & Company MN now owns 25,526,720 shares of the company’s stock valued at $1,988,021,000 after buying an additional 1,249,895 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of 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. EP Wealth Advisors LLC acquired a new stake in Vanguard Intermediate-Term Bond ETF in the 4th quarter valued at about $672,555,000. Morgan Stanley grew its stake 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 valued at $581,888,000 after acquiring an additional 790,288 shares during the last quarter. Finally, True Link Financial Advisors LLC increased its holdings in Vanguard Intermediate-Term Bond ETF by 7.7% during the 4th quarter. True Link Financial Advisors LLC now owns 5,225,541 shares of the company’s stock valued at $406,965,000 after acquiring an additional 373,290 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of BIV opened at $75.96 on Thursday. 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 $76.51 and a two-hundred day moving average of $77.31.

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.