Vanguard Intermediate-Term Bond ETF $BIV Stake Boosted by Lowe Brockenbrough & Co. Inc.

Lowe Brockenbrough & Co. Inc. boosted its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 696.2% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 8,686 shares of the company’s stock after purchasing an additional 7,595 shares during the quarter. Lowe Brockenbrough & Co. Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $666,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. Wells Fargo & Company MN boosted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 5.1% in the fourth quarter. Wells Fargo & Company MN now owns 25,526,720 shares of the company’s stock worth $1,988,021,000 after buying an additional 1,249,895 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Vanguard Intermediate-Term Bond ETF by 13.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 11,227,638 shares of the company’s stock valued at $874,408,000 after acquiring an additional 1,315,707 shares during the period. EP Wealth Advisors LLC acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF during the fourth quarter valued at approximately $672,555,000. Morgan Stanley raised its holdings in shares of Vanguard Intermediate-Term Bond ETF by 11.8% during the fourth 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 period. Finally, Bank of America Corp DE lifted its position in shares of Vanguard Intermediate-Term Bond ETF by 8.1% in the 1st quarter. Bank of America Corp DE now owns 7,183,505 shares of the company’s stock valued at $554,423,000 after acquiring an additional 541,131 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of NYSEARCA:BIV opened at $75.60 on Friday. The firm has a 50 day simple moving average of $76.07 and a 200 day simple moving average of $76.91. Vanguard Intermediate-Term Bond ETF has a 52 week low of $75.31 and a 52 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.