WealthCollab LLC Has $6.54 Million Position in Vanguard Intermediate-Term Bond ETF $BIV

WealthCollab LLC raised its position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 14.6% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 84,675 shares of the company’s stock after purchasing an additional 10,765 shares during the period. Vanguard Intermediate-Term Bond ETF comprises about 2.7% of WealthCollab LLC’s investment portfolio, making the stock its 10th largest position. WealthCollab LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $6,535,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Phillip James Consulting Co. bought a new stake in shares of Vanguard Intermediate-Term Bond ETF during the 1st quarter valued at $181,000. PNC Financial Services Group Inc. increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 6.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 501,073 shares of the company’s stock worth $38,673,000 after acquiring an additional 31,049 shares in the last quarter. Stone Loft Wealth Management LLC bought a new position in shares of Vanguard Intermediate-Term Bond ETF in the 1st quarter worth about $259,000. Johnson Financial Group Inc. purchased a new position in Vanguard Intermediate-Term Bond ETF during the 1st quarter valued at about $28,000. Finally, Hanover Advisors Inc. lifted its position in Vanguard Intermediate-Term Bond ETF by 1.0% during the 1st quarter. Hanover Advisors Inc. now owns 105,039 shares of the company’s stock valued at $8,107,000 after acquiring an additional 1,026 shares during the period.

Vanguard Intermediate-Term Bond ETF Price Performance

NYSEARCA:BIV opened at $75.77 on Wednesday. Vanguard Intermediate-Term Bond ETF has a one year low of $75.63 and a one year high of $79.08. The company’s 50-day simple moving average is $76.34 and its 200 day simple moving average is $77.19.

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.