Valmark Advisers Inc. Has $4.40 Million Stake in Vanguard Intermediate-Term Bond ETF $BIV

Valmark Advisers Inc. increased its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 20.1% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 56,514 shares of the company’s stock after acquiring an additional 9,445 shares during the period. Valmark Advisers Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $4,401,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in BIV. Envestnet Asset Management Inc. increased its holdings in shares of Vanguard Intermediate-Term Bond ETF by 5.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 19,586,319 shares of the company’s stock valued at $1,529,496,000 after acquiring an additional 1,016,721 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Vanguard Intermediate-Term Bond ETF by 8.8% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 9,911,931 shares of the company’s stock valued at $774,023,000 after acquiring an additional 805,042 shares during the last quarter. BCM Advisors LLC grew its stake in Vanguard Intermediate-Term Bond ETF by 50.2% in the 3rd quarter. BCM Advisors LLC now owns 1,316,515 shares of the company’s stock valued at $103,768,000 after buying an additional 439,920 shares during the last quarter. Zhang Financial LLC grew its stake in Vanguard Intermediate-Term Bond ETF by 41.3% in the 3rd quarter. Zhang Financial LLC now owns 1,136,494 shares of the company’s stock valued at $88,749,000 after buying an additional 331,964 shares during the last quarter. Finally, Raymond James Financial Inc. raised its holdings in Vanguard Intermediate-Term Bond ETF by 20.1% in the 2nd quarter. Raymond James Financial Inc. now owns 1,923,304 shares of the company’s stock worth $148,748,000 after acquiring an additional 322,207 shares during the period.

Vanguard Intermediate-Term Bond ETF Trading Down 0.1%

Shares of BIV opened at $77.45 on Thursday. Vanguard Intermediate-Term Bond ETF has a one year low of $75.28 and a one year high of $79.08. The company’s fifty day moving average price is $77.72 and its 200 day moving average price is $77.97.

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.