Vanguard Intermediate-Term Bond ETF $BIV Shares Bought by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. grew its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 4.1% in the first quarter, according to its most recent filing with the SEC. The fund owned 8,645,584 shares of the company’s stock after acquiring an additional 341,298 shares during the period. Vanguard Intermediate-Term Bond ETF comprises about 0.5% of Northwestern Mutual Wealth Management Co.’s portfolio, making the stock its 29th largest holding. Northwestern Mutual Wealth Management Co. owned 2.86% of Vanguard Intermediate-Term Bond ETF worth $661,992,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. Principal Financial Group Inc. lifted its position in shares of Vanguard Intermediate-Term Bond ETF by 23.6% during the 1st quarter. Principal Financial Group Inc. now owns 116,445 shares of the company’s stock valued at $8,916,000 after acquiring an additional 22,221 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 3.1% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 1,762,045 shares of the company’s stock valued at $134,920,000 after purchasing an additional 53,494 shares in the last quarter. GAMMA Investing LLC lifted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 43.4% in the first quarter. GAMMA Investing LLC now owns 99,433 shares of the company’s stock valued at $7,614,000 after purchasing an additional 30,080 shares in the last quarter. Good Life Advisors LLC lifted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 1.7% in the first quarter. Good Life Advisors LLC now owns 73,223 shares of the company’s stock valued at $5,607,000 after purchasing an additional 1,242 shares in the last quarter. Finally, Dynamic Advisor Solutions LLC purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF in the first quarter valued at $1,635,000.

Vanguard Intermediate-Term Bond ETF Stock Performance

BIV opened at $77.59 on Friday. The stock has a fifty day moving average of $76.90 and a 200-day moving average of $76.28. Vanguard Intermediate-Term Bond ETF has a 12-month low of $73.72 and a 12-month high of $78.89.

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).