PNC Financial Services Group Inc. Buys 31,049 Shares of Vanguard Intermediate-Term Bond ETF $BIV

PNC Financial Services Group Inc. grew its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 6.6% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 501,073 shares of the company’s stock after buying an additional 31,049 shares during the period. PNC Financial Services Group Inc. owned approximately 0.14% of Vanguard Intermediate-Term Bond ETF worth $38,673,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in BIV. EP Wealth Advisors LLC acquired a new position in shares of Vanguard Intermediate-Term Bond ETF during the 4th quarter valued at about $672,555,000. Fifth Third Bancorp lifted its holdings in Vanguard Intermediate-Term Bond ETF by 1,077.4% in the 1st quarter. Fifth Third Bancorp now owns 1,496,862 shares of the company’s stock worth $115,528,000 after purchasing an additional 1,369,725 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in Vanguard Intermediate-Term Bond ETF by 13.3% in the 4th 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 last quarter. Wells Fargo & Company MN boosted its position in Vanguard Intermediate-Term Bond ETF by 5.1% during the fourth quarter. Wells Fargo & Company MN now owns 25,526,720 shares of the company’s stock worth $1,988,021,000 after purchasing an additional 1,249,895 shares during the period. Finally, Morgan Stanley boosted its position in Vanguard Intermediate-Term Bond ETF by 11.8% during the fourth quarter. Morgan Stanley now owns 7,471,592 shares of the company’s stock worth $581,888,000 after purchasing an additional 790,288 shares during the period.

Vanguard Intermediate-Term Bond ETF Trading Down 0.3%

Shares of BIV stock opened at $75.42 on Friday. Vanguard Intermediate-Term Bond ETF has a 12 month low of $75.35 and a 12 month high of $79.08. The business’s 50 day moving average is $76.30 and its two-hundred day moving average is $77.16.

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.