Kanawha Capital Management LLC Purchases 704 Shares of Vanguard Intermediate-Term Bond ETF $BIV

Kanawha Capital Management LLC grew its position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 11.2% in the second quarter, Holdings Channel.com reports. The fund owned 6,983 shares of the company’s stock after buying an additional 704 shares during the period. Kanawha Capital Management LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $540,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently modified their holdings of the company. Envestnet Asset Management Inc. lifted its position in shares of Vanguard Intermediate-Term Bond ETF by 7.3% in the 1st quarter. Envestnet Asset Management Inc. now owns 18,092,410 shares of the company’s stock worth $1,385,336,000 after acquiring an additional 1,238,612 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in shares of Vanguard Intermediate-Term Bond ETF by 4.1% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 8,645,584 shares of the company’s stock worth $661,992,000 after acquiring an additional 341,298 shares during the period. Goldman Sachs Group Inc. lifted its position in shares of Vanguard Intermediate-Term Bond ETF by 3.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 7,972,446 shares of the company’s stock worth $610,450,000 after buying an additional 241,266 shares during the period. Beacon Capital Management Inc. lifted its position in shares of Vanguard Intermediate-Term Bond ETF by 624.3% during the 1st quarter. Beacon Capital Management Inc. now owns 6,022,945 shares of the company’s stock worth $456,660,000 after buying an additional 5,191,374 shares during the period. Finally, EP Wealth Advisors LLC lifted its position in shares of Vanguard Intermediate-Term Bond ETF by 17.9% during the 1st quarter. EP Wealth Advisors LLC now owns 5,394,520 shares of the company’s stock worth $413,058,000 after buying an additional 819,212 shares during the period.

Vanguard Intermediate-Term Bond ETF Stock Performance

Vanguard Intermediate-Term Bond ETF stock opened at $78.63 on Friday. Vanguard Intermediate-Term Bond ETF has a one year low of $73.72 and a one year high of $78.79. The business has a 50 day simple moving average of $77.97 and a 200 day simple moving average of $76.91.

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).