Royal Bank of Canada Purchases 156,231 Shares of Vanguard Intermediate-Term Bond ETF $BIV

Royal Bank of Canada grew its position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 8.1% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,086,383 shares of the company’s stock after buying an additional 156,231 shares during the period. Royal Bank of Canada’s holdings in Vanguard Intermediate-Term Bond ETF were worth $161,027,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. EP Wealth Advisors LLC bought a new position in shares of Vanguard Intermediate-Term Bond ETF during the 4th quarter worth approximately $672,555,000. Fifth Third Bancorp boosted its stake in Vanguard Intermediate-Term Bond ETF by 1,077.4% in the first quarter. Fifth Third Bancorp now owns 1,496,862 shares of the company’s stock valued at $115,528,000 after acquiring an additional 1,369,725 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in Vanguard Intermediate-Term Bond ETF by 13.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 11,227,638 shares of the company’s stock worth $874,408,000 after purchasing an additional 1,315,707 shares during the last quarter. Wells Fargo & Company MN grew its holdings 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 purchasing an additional 1,249,895 shares during the last quarter. Finally, Morgan Stanley increased its position in shares of Vanguard Intermediate-Term Bond ETF by 11.8% during the fourth 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 in the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Up 0.1%

Shares of BIV stock opened at $75.69 on Friday. Vanguard Intermediate-Term Bond ETF has a 12-month low of $75.35 and a 12-month high of $79.08. The business’s fifty day simple moving average is $76.26 and its 200-day simple moving average is $77.07.

Vanguard Intermediate-Term Bond ETF 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.