Vanguard Intermediate-Term Bond ETF $BIV is Sage Financial Management Group Inc.’s 2nd Largest Position

Sage Financial Management Group Inc. raised its position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 3.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 642,653 shares of the company’s stock after purchasing an additional 22,971 shares during the period. Vanguard Intermediate-Term Bond ETF accounts for about 15.3% of Sage Financial Management Group Inc.’s investment portfolio, making the stock its 2nd largest position. Sage Financial Management Group Inc. owned approximately 0.18% of Vanguard Intermediate-Term Bond ETF worth $50,050,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Envestnet Asset Management Inc. raised its stake 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 worth $1,529,496,000 after purchasing an additional 1,016,721 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake 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 worth $774,023,000 after purchasing an additional 805,042 shares in the last quarter. True Link Financial Advisors LLC raised its stake in shares of 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 worth $406,965,000 after purchasing an additional 373,290 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of Vanguard Intermediate-Term Bond ETF by 1.9% during the 3rd quarter. Ameriprise Financial Inc. now owns 4,052,118 shares of the company’s stock worth $315,993,000 after purchasing an additional 74,818 shares in the last quarter. Finally, Mather Group LLC. raised its stake in shares of Vanguard Intermediate-Term Bond ETF by 5.1% during the 4th quarter. Mather Group LLC. now owns 3,525,085 shares of the company’s stock worth $274,534,000 after purchasing an additional 170,062 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Up 0.0%

BIV opened at $76.62 on Thursday. Vanguard Intermediate-Term Bond ETF has a fifty-two week low of $75.28 and a fifty-two week high of $79.08. The business has a 50-day moving average of $77.25 and a 200-day moving average of $77.82.

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). 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.