Granite Harbor Advisors Inc. Has $4.64 Million Position in Vanguard Intermediate-Term Bond ETF $BIV

Granite Harbor Advisors Inc. reduced its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 1.1% during the 2nd quarter, Holdings Channel.com reports. The firm owned 59,939 shares of the company’s stock after selling 696 shares during the period. Vanguard Intermediate-Term Bond ETF accounts for 2.2% of Granite Harbor Advisors Inc.’s holdings, making the stock its 15th largest holding. Granite Harbor Advisors Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $4,636,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Beacon Capital Management Inc. increased its position in Vanguard Intermediate-Term Bond ETF by 624.3% during the 1st quarter. Beacon Capital Management Inc. now owns 6,022,945 shares of the company’s stock worth $456,660,000 after buying an additional 5,191,374 shares during the period. Envestnet Asset Management Inc. increased its position in Vanguard Intermediate-Term Bond ETF by 7.3% during the 1st quarter. Envestnet Asset Management Inc. now owns 18,092,410 shares of the company’s stock worth $1,385,336,000 after buying an additional 1,238,612 shares during the period. Wit LLC increased its position in shares of Vanguard Intermediate-Term Bond ETF by 117,987.6% in the first quarter. Wit LLC now owns 839,603 shares of the company’s stock worth $68,621,000 after purchasing an additional 838,892 shares during the period. EP Wealth Advisors LLC increased its position in shares of Vanguard Intermediate-Term Bond ETF by 17.9% in the first quarter. EP Wealth Advisors LLC now owns 5,394,520 shares of the company’s stock worth $413,058,000 after purchasing an additional 819,212 shares during the period. Finally, World Investment Advisors grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 286.7% during the first quarter. World Investment Advisors now owns 535,493 shares of the company’s stock worth $41,003,000 after purchasing an additional 397,022 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

NYSEARCA:BIV opened at $78.84 on Thursday. The stock’s 50-day moving average is $78.06 and its 200-day moving average is $76.95. Vanguard Intermediate-Term Bond ETF has a 1-year low of $73.72 and a 1-year high of $78.91.

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).