Hurlow Wealth Management Group Inc. Has $10.54 Million Position in Vanguard Intermediate-Term Bond ETF $BIV

Hurlow Wealth Management Group Inc. lifted its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 5.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 137,452 shares of the company’s stock after purchasing an additional 7,715 shares during the period. Vanguard Intermediate-Term Bond ETF makes up about 2.2% of Hurlow Wealth Management Group Inc.’s investment portfolio, making the stock its 7th biggest position. Hurlow Wealth Management Group Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $10,543,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. Johnson Financial Group Inc. acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF in the first quarter valued at approximately $28,000. Kelleher Financial Advisors acquired a new position in Vanguard Intermediate-Term Bond ETF during the 3rd quarter worth $30,000. Texas Capital Bancshares Inc TX acquired a new position in Vanguard Intermediate-Term Bond ETF during the 3rd quarter worth $31,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in Vanguard Intermediate-Term Bond ETF in the 4th quarter valued at $31,000. Finally, Darwin Wealth Management LLC bought a new position in Vanguard Intermediate-Term Bond ETF in the 1st quarter valued at $36,000.

Vanguard Intermediate-Term Bond ETF Price Performance

NYSEARCA BIV opened at $75.49 on Wednesday. Vanguard Intermediate-Term Bond ETF has a 52 week low of $75.31 and a 52 week high of $79.08. The stock has a fifty day moving average of $76.04 and a 200-day moving average of $76.87.

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.