Vanguard Intermediate-Term Bond ETF $BIV Stock Acquired by Genesis Private Wealth LLC

Genesis Private Wealth LLC increased its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 7.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 105,407 shares of the company’s stock after buying an additional 7,728 shares during the period. Vanguard Intermediate-Term Bond ETF accounts for approximately 2.2% of Genesis Private Wealth LLC’s holdings, making the stock its 14th biggest holding. Genesis Private Wealth LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $7,680,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its position in Vanguard Intermediate-Term Bond ETF by 2.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 24,235,046 shares of the company’s stock valued at $1,858,828,000 after acquiring an additional 680,629 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of Vanguard Intermediate-Term Bond ETF by 6.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 12,822,370 shares of the company’s stock worth $983,476,000 after acquiring an additional 752,384 shares during the last quarter. Bank of America Corp DE raised its stake in shares of Vanguard Intermediate-Term Bond ETF by 8.1% in the first quarter. Bank of America Corp DE now owns 7,183,505 shares of the company’s stock worth $554,423,000 after acquiring an additional 541,131 shares during the last quarter. Baird Financial Group Inc. raised its stake in shares of Vanguard Intermediate-Term Bond ETF by 10.4% in the second quarter. Baird Financial Group Inc. now owns 6,176,904 shares of the company’s stock worth $473,769,000 after acquiring an additional 580,427 shares during the last quarter. Finally, True Link Financial Advisors LLC raised its stake in shares of Vanguard Intermediate-Term Bond ETF by 4.9% in the third quarter. True Link Financial Advisors LLC now owns 5,985,616 shares of the company’s stock worth $436,112,000 after acquiring an additional 279,560 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Trading Up 0.3%

Shares of BIV stock opened at $74.54 on Friday. Vanguard Intermediate-Term Bond ETF has a 1 year low of $72.31 and a 1 year high of $79.08. The firm’s 50 day moving average is $73.84 and its 200-day moving average is $76.10.

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.