Envestnet Asset Management Inc. Increases Stock Holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Envestnet Asset Management Inc. lifted its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 2.9% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 9,064,456 shares of the company’s stock after buying an additional 256,118 shares during the quarter. Vanguard Intermediate-Term Bond ETF accounts for approximately 1.0% of Envestnet Asset Management Inc.’s holdings, making the stock its 21st largest holding. Envestnet Asset Management Inc. owned about 6.26% of Vanguard Intermediate-Term Bond ETF worth $784,075,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. AdvisorNet Financial Inc raised its holdings in shares of Vanguard Intermediate-Term Bond ETF by 58.0% during the 2nd quarter. AdvisorNet Financial Inc now owns 354 shares of the company’s stock valued at $31,000 after buying an additional 130 shares during the period. Coastal Capital Group Inc. purchased a new stake in Vanguard Intermediate-Term Bond ETF during the 2nd quarter worth approximately $51,000. TCG Advisors LP purchased a new stake in Vanguard Intermediate-Term Bond ETF during the 1st quarter worth approximately $54,000. Trustcore Financial Services LLC purchased a new stake in Vanguard Intermediate-Term Bond ETF during the 2nd quarter worth approximately $61,000. Finally, Executive Wealth Management LLC increased its holdings in Vanguard Intermediate-Term Bond ETF by 68.7% during the 2nd quarter. Executive Wealth Management LLC now owns 793 shares of the company’s stock worth $69,000 after purchasing an additional 323 shares during the last quarter.

BIV stock traded up $0.27 during midday trading on Thursday, hitting $88.33. 723,809 shares of the company’s stock were exchanged, compared to its average volume of 812,441. Vanguard Intermediate-Term Bond ETF has a 12-month low of $79.35 and a 12-month high of $88.23. The business has a 50 day moving average of $86.61.

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).

Read More: Stop Order

Institutional Ownership by Quarter for Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Receive News & Ratings for Vanguard Intermediate-Term Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard Intermediate-Term Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.