VCI Wealth Management LLC Purchases 12,497 Shares of Vanguard Intermediate-Term Bond ETF $BIV

VCI Wealth Management LLC grew its position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 11.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 124,874 shares of the company’s stock after purchasing an additional 12,497 shares during the quarter. Vanguard Intermediate-Term Bond ETF makes up 2.7% of VCI Wealth Management LLC’s holdings, making the stock its 12th biggest holding. VCI Wealth Management LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $9,638,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Wells Fargo & Company MN grew its holdings in Vanguard Intermediate-Term Bond ETF by 5.1% during the 4th quarter. Wells Fargo & Company MN now owns 25,526,720 shares of the company’s stock worth $1,988,021,000 after acquiring an additional 1,249,895 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 13.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 11,227,638 shares of the company’s stock worth $874,408,000 after purchasing an additional 1,315,707 shares during the period. EP Wealth Advisors LLC acquired a new position in Vanguard Intermediate-Term Bond ETF during the 4th quarter worth about $672,555,000. Morgan Stanley lifted its stake in shares of Vanguard Intermediate-Term Bond ETF by 11.8% in the fourth quarter. Morgan Stanley now owns 7,471,592 shares of the company’s stock worth $581,888,000 after acquiring an additional 790,288 shares during the period. Finally, True Link Financial Advisors LLC increased its position in 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 valued at $406,965,000 after purchasing an additional 373,290 shares during the period.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of NYSEARCA BIV opened at $76.99 on Friday. Vanguard Intermediate-Term Bond ETF has a 52-week low of $75.63 and a 52-week high of $79.08. The company’s 50 day moving average price is $76.67 and its 200-day moving average price is $77.40.

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.