Vanguard Intermediate-Term Bond ETF $BIV Shares Acquired by Smart Money Group LLC

Smart Money Group LLC increased its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 18.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 118,356 shares of the company’s stock after buying an additional 18,835 shares during the quarter. Vanguard Intermediate-Term Bond ETF accounts for about 2.7% of Smart Money Group LLC’s investment portfolio, making the stock its 3rd largest position. Smart Money Group LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $9,135,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also bought and sold shares of the company. Wealthfront Advisers LLC lifted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 7.4% during the first quarter. Wealthfront Advisers LLC now owns 422,176 shares of the company’s stock valued at $32,584,000 after acquiring an additional 28,992 shares during the period. D.A. Davidson & CO. grew its stake in Vanguard Intermediate-Term Bond ETF by 24.3% during the first quarter. D.A. Davidson & CO. now owns 121,563 shares of the company’s stock worth $9,382,000 after buying an additional 23,795 shares during the last quarter. Bank of New York Mellon Corp grew its stake in Vanguard Intermediate-Term Bond ETF by 7.3% during the first quarter. Bank of New York Mellon Corp now owns 1,500,572 shares of the company’s stock worth $115,814,000 after buying an additional 102,235 shares during the last quarter. Milestone Investment Advisors LLC increased its holdings in shares of Vanguard Intermediate-Term Bond ETF by 2.5% during the first quarter. Milestone Investment Advisors LLC now owns 82,586 shares of the company’s stock worth $6,374,000 after buying an additional 2,040 shares in the last quarter. Finally, Seros Financial LLC increased its holdings in shares of Vanguard Intermediate-Term Bond ETF by 11.8% during the first quarter. Seros Financial LLC now owns 15,247 shares of the company’s stock worth $1,177,000 after buying an additional 1,611 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Trading Down 0.1%

NYSEARCA:BIV opened at $76.09 on Friday. Vanguard Intermediate-Term Bond ETF has a 1 year low of $75.63 and a 1 year high of $79.08. The firm has a 50 day moving average of $76.40 and a 200-day moving average of $77.23.

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). 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.