Boyd Wealth Management LLC Increases Position in Vanguard Intermediate-Term Bond ETF $BIV

Boyd Wealth Management LLC raised its position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 3,798.9% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 286,490 shares of the company’s stock after purchasing an additional 279,142 shares during the period. Vanguard Intermediate-Term Bond ETF comprises 9.6% of Boyd Wealth Management LLC’s portfolio, making the stock its 2nd biggest position. Boyd Wealth Management LLC owned 0.09% of Vanguard Intermediate-Term Bond ETF worth $22,372,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in BIV. American Trust bought a new stake in shares of Vanguard Intermediate-Term Bond ETF in the second quarter valued at about $82,058,000. EP Wealth Advisors LLC raised its holdings in shares of Vanguard Intermediate-Term Bond ETF by 12.6% in the 2nd 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 in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Vanguard Intermediate-Term Bond ETF by 2.6% in 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. lifted its position in shares of Vanguard Intermediate-Term Bond ETF by 5.3% in 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 period. Finally, TIAA Trust National Association boosted its stake in shares of Vanguard Intermediate-Term Bond ETF by 23.4% during the second 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 Price Performance

Shares of BIV stock opened at $77.82 on Friday. Vanguard Intermediate-Term Bond ETF has a 52-week low of $74.44 and a 52-week high of $78.91. The company’s 50 day moving average is $78.05 and its 200 day moving average is $77.86.

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.