Vanguard Intermediate-Term Bond ETF $BIV Shares Acquired by Cranbrook Wealth Management LLC

Cranbrook Wealth Management LLC increased its position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 2.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 715,982 shares of the company’s stock after buying an additional 14,290 shares during the period. Vanguard Intermediate-Term Bond ETF comprises 11.0% of Cranbrook Wealth Management LLC’s portfolio, making the stock its 2nd largest holding. Cranbrook Wealth Management LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $55,761,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of BIV. Envestnet Asset Management Inc. raised its position in shares of Vanguard Intermediate-Term Bond ETF by 5.5% in the third 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 during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in Vanguard Intermediate-Term Bond ETF by 8.8% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 9,911,931 shares of the company’s stock valued at $774,023,000 after purchasing an additional 805,042 shares during the period. BCM Advisors LLC grew its holdings in Vanguard Intermediate-Term Bond ETF by 50.2% in the third quarter. BCM Advisors LLC now owns 1,316,515 shares of the company’s stock valued at $103,768,000 after purchasing an additional 439,920 shares during the period. Zhang Financial LLC grew its holdings in Vanguard Intermediate-Term Bond ETF by 41.3% in the third quarter. Zhang Financial LLC now owns 1,136,494 shares of the company’s stock valued at $88,749,000 after purchasing an additional 331,964 shares during the period. Finally, Raymond James Financial Inc. grew its holdings in Vanguard Intermediate-Term Bond ETF by 20.1% in the second quarter. Raymond James Financial Inc. now owns 1,923,304 shares of the company’s stock valued at $148,748,000 after purchasing an additional 322,207 shares during the period.

Vanguard Intermediate-Term Bond ETF Stock Performance

Vanguard Intermediate-Term Bond ETF stock opened at $77.43 on Thursday. Vanguard Intermediate-Term Bond ETF has a 1 year low of $75.28 and a 1 year high of $79.08. The firm has a 50 day moving average price of $77.68 and a 200 day moving average price of $77.95.

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.