Janney Montgomery Scott LLC Acquires 47,597 Shares of Vanguard Intermediate-Term Bond ETF $BIV

Janney Montgomery Scott LLC grew its holdings in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 8.2% in the 1st quarter, HoldingsChannel reports. The firm owned 627,777 shares of the company’s stock after acquiring an additional 47,597 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $48,452,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in BIV. Wells Fargo & Company MN raised its position in Vanguard Intermediate-Term Bond ETF by 5.1% in the fourth quarter. Wells Fargo & Company MN now owns 25,526,720 shares of the company’s stock worth $1,988,021,000 after acquiring an additional 1,249,895 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in shares of Vanguard Intermediate-Term Bond ETF by 13.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 11,227,638 shares of the company’s stock valued at $874,408,000 after acquiring an additional 1,315,707 shares during the period. EP Wealth Advisors LLC bought a new position in shares of Vanguard Intermediate-Term Bond ETF during the 4th quarter valued at approximately $672,555,000. Morgan Stanley increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 11.8% during the 4th 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 last quarter. Finally, True Link Financial Advisors LLC increased its stake in shares of 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 purchasing an additional 373,290 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

NYSEARCA:BIV opened at $76.99 on Monday. The firm’s 50 day moving average is $76.67 and its 200 day moving average is $77.40. Vanguard Intermediate-Term Bond ETF has a 12 month low of $75.63 and a 12 month high of $79.08.

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.