Truist Financial Corp Grows Holdings in Vanguard Intermediate-Term Bond ETF $BIV

Truist Financial Corp boosted its position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 5.7% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 1,028,455 shares of the company’s stock after acquiring an additional 55,703 shares during the quarter. Truist Financial Corp’s holdings in Vanguard Intermediate-Term Bond ETF were worth $80,312,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. American Trust purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF during the second quarter worth about $82,058,000. EP Wealth Advisors LLC boosted its holdings in Vanguard Intermediate-Term Bond ETF by 12.6% in the second quarter. EP Wealth Advisors LLC now owns 6,071,963 shares of the company’s stock valued at $469,606,000 after purchasing an additional 677,443 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in Vanguard Intermediate-Term Bond ETF by 2.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 18,569,598 shares of the company’s stock valued at $1,436,171,000 after purchasing an additional 477,188 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in Vanguard Intermediate-Term Bond ETF by 5.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 9,106,889 shares of the company’s stock worth $704,327,000 after purchasing an additional 461,305 shares during the last quarter. Finally, TIAA Trust National Association raised its position in shares of Vanguard Intermediate-Term Bond ETF by 23.4% in the 2nd quarter. TIAA Trust National Association now owns 2,372,485 shares of the company’s stock valued at $183,488,000 after purchasing an additional 450,557 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Trading Down 0.1%

Vanguard Intermediate-Term Bond ETF stock opened at $77.81 on Thursday. Vanguard Intermediate-Term Bond ETF has a 52 week low of $74.44 and a 52 week high of $78.91. The stock has a 50 day moving average of $78.04 and a 200-day moving average of $77.89.

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). 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.