Vanguard Intermediate-Term Bond ETF $BIV is Cornerstone Planning Group LLC’s 4th Largest Position

Cornerstone Planning Group LLC raised its position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 10.2% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 585,094 shares of the company’s stock after acquiring an additional 54,153 shares during the quarter. Vanguard Intermediate-Term Bond ETF makes up 6.2% of Cornerstone Planning Group LLC’s portfolio, making the stock its 4th biggest holding. Cornerstone Planning Group LLC owned 0.16% of Vanguard Intermediate-Term Bond ETF worth $44,871,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of BIV. Wells Fargo & Company MN grew its stake in shares of Vanguard Intermediate-Term Bond ETF by 5.1% during the 4th quarter. Wells Fargo & Company MN now owns 25,526,720 shares of the company’s stock valued at $1,988,021,000 after purchasing an additional 1,249,895 shares during the period. Northwestern Mutual Wealth Management Co. increased 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 purchasing an additional 1,315,707 shares during the last quarter. EP Wealth Advisors LLC bought a new position in shares of Vanguard Intermediate-Term Bond ETF in the 4th quarter worth approximately $672,555,000. Morgan Stanley lifted its stake in shares of Vanguard Intermediate-Term Bond ETF by 11.8% in 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 period. Finally, True Link Financial Advisors LLC lifted its stake in shares of Vanguard Intermediate-Term Bond ETF by 7.7% in 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 period.

Vanguard Intermediate-Term Bond ETF Price Performance

BIV opened at $76.14 on Friday. The company’s 50 day moving average is $76.38 and its 200 day moving average is $77.22. Vanguard Intermediate-Term Bond ETF has a 12-month low of $75.63 and a 12-month 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.