Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) is True Link Financial Advisors LLC’s Largest Position

True Link Financial Advisors LLC boosted its holdings in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 11.4% in the first quarter, HoldingsChannel reports. The fund owned 4,402,823 shares of the company’s stock after buying an additional 449,895 shares during the quarter. Vanguard Intermediate-Term Bond ETF accounts for 25.2% of True Link Financial Advisors LLC’s portfolio, making the stock its biggest holding. True Link Financial Advisors LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $337,124,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of BIV. Wells Fargo & Company MN increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 58.5% in the fourth quarter. Wells Fargo & Company MN now owns 12,256,214 shares of the company’s stock worth $915,907,000 after acquiring an additional 4,525,993 shares during the last quarter. GAMMA Investing LLC grew its stake in Vanguard Intermediate-Term Bond ETF by 10,878.0% in the first quarter. GAMMA Investing LLC now owns 7,613,585 shares of the company’s stock valued at $582,972,000 after purchasing an additional 7,544,232 shares in the last quarter. Bank of America Corp DE increased its position in Vanguard Intermediate-Term Bond ETF by 1.1% in the 4th quarter. Bank of America Corp DE now owns 6,275,941 shares of the company’s stock worth $469,001,000 after purchasing an additional 67,726 shares during the last quarter. EP Wealth Advisors LLC raised its stake in shares of Vanguard Intermediate-Term Bond ETF by 50.6% during the 4th quarter. EP Wealth Advisors LLC now owns 4,575,308 shares of the company’s stock worth $341,913,000 after purchasing an additional 1,537,319 shares in the last quarter. Finally, LPL Financial LLC raised its stake in shares of Vanguard Intermediate-Term Bond ETF by 17.3% during the 4th quarter. LPL Financial LLC now owns 4,536,942 shares of the company’s stock worth $339,046,000 after purchasing an additional 668,720 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Trading Up 0.1%

Shares of Vanguard Intermediate-Term Bond ETF stock opened at $76.38 on Friday. The stock has a 50-day simple moving average of $76.02 and a 200-day simple moving average of $75.68. Vanguard Intermediate-Term Bond ETF has a 52-week low of $73.72 and a 52-week high of $78.89.

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).