Vanguard Intermediate-Term Bond ETF $BIV is Darrow Company Inc.’s 2nd Largest Position

Darrow Company Inc. increased its position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 6.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 234,143 shares of the company’s stock after acquiring an additional 13,334 shares during the quarter. Vanguard Intermediate-Term Bond ETF comprises 8.2% of Darrow Company Inc.’s investment portfolio, making the stock its 2nd largest holding. Darrow Company Inc. owned approximately 0.07% of Vanguard Intermediate-Term Bond ETF worth $18,235,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in BIV. Envestnet Asset Management Inc. grew its holdings in Vanguard Intermediate-Term Bond ETF by 5.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 19,586,319 shares of the company’s stock valued at $1,529,496,000 after buying an additional 1,016,721 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in Vanguard Intermediate-Term Bond ETF by 8.8% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 9,911,931 shares of the company’s stock valued at $774,023,000 after buying an additional 805,042 shares in the last quarter. BCM Advisors LLC grew its holdings in Vanguard Intermediate-Term Bond ETF by 50.2% during the 3rd quarter. BCM Advisors LLC now owns 1,316,515 shares of the company’s stock valued at $103,768,000 after buying an additional 439,920 shares in the last quarter. Zhang Financial LLC grew its holdings in Vanguard Intermediate-Term Bond ETF by 41.3% during the 3rd quarter. Zhang Financial LLC now owns 1,136,494 shares of the company’s stock valued at $88,749,000 after buying an additional 331,964 shares in the last quarter. Finally, Raymond James Financial Inc. grew its holdings in Vanguard Intermediate-Term Bond ETF by 20.1% during the 2nd quarter. Raymond James Financial Inc. now owns 1,923,304 shares of the company’s stock valued at $148,748,000 after buying an additional 322,207 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Down 0.0%

BIV stock opened at $77.64 on Tuesday. Vanguard Intermediate-Term Bond ETF has a twelve month low of $75.28 and a twelve month high of $79.08. The stock has a 50-day simple moving average of $77.70 and a two-hundred day simple moving average of $77.96.

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.