Motco Boosts Holdings in Vanguard Intermediate-Term Bond ETF $BIV

Motco grew its holdings in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 26.8% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 24,557 shares of the company’s stock after acquiring an additional 5,188 shares during the quarter. Motco’s holdings in Vanguard Intermediate-Term Bond ETF were worth $1,888,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in BIV. Beacon Capital Management Inc. raised its stake in shares of Vanguard Intermediate-Term Bond ETF by 624.3% during the first quarter. Beacon Capital Management Inc. now owns 6,022,945 shares of the company’s stock worth $456,660,000 after acquiring an additional 5,191,374 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of Vanguard Intermediate-Term Bond ETF by 7.3% during the first 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 in the last quarter. Wit LLC raised its stake in shares of Vanguard Intermediate-Term Bond ETF by 117,987.6% during the first quarter. Wit LLC now owns 839,603 shares of the company’s stock worth $68,621,000 after acquiring an additional 838,892 shares in the last quarter. EP Wealth Advisors LLC raised its stake in shares of Vanguard Intermediate-Term Bond ETF by 17.9% during the first quarter. EP Wealth Advisors LLC now owns 5,394,520 shares of the company’s stock worth $413,058,000 after acquiring an additional 819,212 shares in the last quarter. Finally, World Investment Advisors raised its stake in shares of Vanguard Intermediate-Term Bond ETF by 286.7% during the first quarter. World Investment Advisors now owns 535,493 shares of the company’s stock worth $41,003,000 after acquiring an additional 397,022 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

BIV stock opened at $78.82 on Wednesday. Vanguard Intermediate-Term Bond ETF has a one year low of $73.72 and a one year high of $78.91. The company’s 50 day moving average price is $78.18 and its two-hundred day moving average price is $77.05.

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).