Creative Planning Grows Position in Vanguard Intermediate-Term Bond ETF $BIV

Creative Planning raised its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 20.8% during the second quarter, HoldingsChannel reports. The firm owned 606,890 shares of the company’s stock after purchasing an additional 104,469 shares during the quarter. Creative Planning’s holdings in Vanguard Intermediate-Term Bond ETF were worth $46,937,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in BIV. Envestnet Asset Management Inc. lifted its stake in shares of Vanguard Intermediate-Term Bond ETF by 2.6% during the second quarter. Envestnet Asset Management Inc. now owns 18,569,598 shares of the company’s stock worth $1,436,171,000 after buying an additional 477,188 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in shares of Vanguard Intermediate-Term Bond ETF by 4.1% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 8,645,584 shares of the company’s stock valued at $661,992,000 after acquiring an additional 341,298 shares during the period. Goldman Sachs Group Inc. raised its stake in Vanguard Intermediate-Term Bond ETF by 3.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 7,972,446 shares of the company’s stock worth $610,450,000 after acquiring an additional 241,266 shares during the last quarter. Beacon Capital Management Inc. lifted its position in Vanguard Intermediate-Term Bond ETF by 624.3% during the 1st quarter. Beacon Capital Management Inc. now owns 6,022,945 shares of the company’s stock worth $456,660,000 after acquiring an additional 5,191,374 shares during the period. Finally, EP Wealth Advisors LLC lifted its position in Vanguard Intermediate-Term Bond ETF by 17.9% during the 1st quarter. EP Wealth Advisors LLC now owns 5,394,520 shares of the company’s stock worth $413,058,000 after acquiring an additional 819,212 shares during the period.

Vanguard Intermediate-Term Bond ETF Trading Down 0.1%

Vanguard Intermediate-Term Bond ETF stock opened at $77.91 on Friday. The business’s 50-day simple moving average is $78.29 and its two-hundred day simple moving average is $77.23. Vanguard Intermediate-Term Bond ETF has a fifty-two week low of $73.72 and a fifty-two week high of $78.91.

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).