Pearl Planning LLC Invests $1.17 Million in Vanguard Intermediate-Term Bond ETF $BIV

Pearl Planning LLC acquired a new position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 15,069 shares of the company’s stock, valued at approximately $1,174,000. Vanguard Intermediate-Term Bond ETF accounts for approximately 0.7% of Pearl Planning LLC’s portfolio, making the stock its 21st largest position.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. increased its stake in Vanguard Intermediate-Term Bond ETF by 5.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 19,586,319 shares of the company’s stock worth $1,529,496,000 after acquiring an additional 1,016,721 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in Vanguard Intermediate-Term Bond ETF by 8.8% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 9,911,931 shares of the company’s stock worth $774,023,000 after acquiring an additional 805,042 shares during the period. True Link Financial Advisors LLC increased its stake 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 worth $406,965,000 after acquiring an additional 373,290 shares during the period. Ameriprise Financial Inc. increased its stake in Vanguard Intermediate-Term Bond ETF by 1.9% during the 3rd quarter. Ameriprise Financial Inc. now owns 4,052,118 shares of the company’s stock worth $315,993,000 after acquiring an additional 74,818 shares during the period. Finally, Mather Group LLC. increased its stake in Vanguard Intermediate-Term Bond ETF by 5.1% during the 4th quarter. Mather Group LLC. now owns 3,525,085 shares of the company’s stock worth $274,534,000 after acquiring an additional 170,062 shares during the period.

Vanguard Intermediate-Term Bond ETF Stock Performance

Vanguard Intermediate-Term Bond ETF stock opened at $77.01 on Friday. The stock’s fifty day moving average price is $77.40 and its two-hundred day moving average price is $77.87. Vanguard Intermediate-Term Bond ETF has a one year low of $75.28 and a one year high of $79.08.

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). 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.