SouthState Bank Corp Raises Holdings in Vanguard Intermediate-Term Bond ETF $BIV

SouthState Bank Corp lifted its position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 1,180.6% during the 1st quarter, HoldingsChannel reports. The firm owned 26,559 shares of the company’s stock after acquiring an additional 24,485 shares during the quarter. SouthState Bank Corp’s holdings in Vanguard Intermediate-Term Bond ETF were worth $2,050,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in BIV. EP Wealth Advisors LLC purchased a new position in Vanguard Intermediate-Term Bond ETF during the 4th quarter valued at approximately $672,555,000. Fifth Third Bancorp increased its stake in Vanguard Intermediate-Term Bond ETF by 1,077.4% in the 1st quarter. Fifth Third Bancorp now owns 1,496,862 shares of the company’s stock worth $115,528,000 after acquiring an additional 1,369,725 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Vanguard Intermediate-Term Bond ETF by 13.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 11,227,638 shares of the company’s stock worth $874,408,000 after acquiring an additional 1,315,707 shares in the last quarter. Wells Fargo & Company MN boosted its position in shares of Vanguard Intermediate-Term Bond ETF by 5.1% during the 4th quarter. Wells Fargo & Company MN now owns 25,526,720 shares of the company’s stock valued at $1,988,021,000 after acquiring an additional 1,249,895 shares during the last quarter. Finally, Morgan Stanley boosted its position in shares of Vanguard Intermediate-Term Bond ETF by 11.8% during the 4th quarter. Morgan Stanley now owns 7,471,592 shares of the company’s stock valued at $581,888,000 after acquiring an additional 790,288 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

BIV stock opened at $76.13 on Thursday. The firm has a fifty day moving average price of $76.41 and a 200 day moving average price of $77.25. Vanguard Intermediate-Term Bond ETF has a fifty-two week low of $75.63 and a fifty-two week high of $79.08.

Vanguard Intermediate-Term Bond ETF Company 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.