Principal Financial Group Inc. Increases Position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Principal Financial Group Inc. grew its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 23.6% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 116,445 shares of the company’s stock after acquiring an additional 22,221 shares during the period. Principal Financial Group Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $8,916,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Flagship Wealth Advisors LLC acquired a new stake in Vanguard Intermediate-Term Bond ETF during the 4th quarter valued at $25,000. Park Square Financial Group LLC bought a new position in shares of Vanguard Intermediate-Term Bond ETF in the 4th quarter worth about $51,000. GSB Wealth Management LLC bought a new position in shares of Vanguard Intermediate-Term Bond ETF in the 1st quarter worth about $51,000. Hurley Capital LLC bought a new position in shares of Vanguard Intermediate-Term Bond ETF in the 4th quarter worth about $55,000. Finally, Coppell Advisory Solutions LLC lifted its position in shares of Vanguard Intermediate-Term Bond ETF by 24.5% in the 4th quarter. Coppell Advisory Solutions LLC now owns 894 shares of the company’s stock worth $67,000 after buying an additional 176 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Trading Up 0.0%

Shares of NYSEARCA:BIV opened at $76.42 on Tuesday. The company’s 50-day moving average price is $76.25 and its 200 day moving average price is $75.83. Vanguard Intermediate-Term Bond ETF has a fifty-two week low of $73.72 and a fifty-two week high of $78.89.

Vanguard Intermediate-Term Bond ETF 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).