Peak Planning Group LLC Makes New $517,000 Investment in Vanguard Intermediate-Term Bond ETF $BIV

Peak Planning Group LLC purchased a new position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 6,642 shares of the company’s stock, valued at approximately $517,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BIV. Northwestern Mutual Wealth Management Co. lifted its position in Vanguard Intermediate-Term Bond ETF by 13.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 11,227,638 shares of the company’s stock worth $874,408,000 after acquiring an additional 1,315,707 shares during the period. Wells Fargo & Company MN lifted its position in Vanguard Intermediate-Term Bond ETF by 5.1% during the 4th quarter. Wells Fargo & Company MN now owns 25,526,720 shares of the company’s stock worth $1,988,021,000 after acquiring an additional 1,249,895 shares during the period. Cornerstone Planning Group LLC lifted its position in Vanguard Intermediate-Term Bond ETF by 680,593.6% during the 4th quarter. Cornerstone Planning Group LLC now owns 530,941 shares of the company’s stock worth $41,313,000 after acquiring an additional 530,863 shares during the period. Zhang Financial LLC lifted its position in Vanguard Intermediate-Term Bond ETF by 33.8% during the 4th quarter. Zhang Financial LLC now owns 1,520,153 shares of the company’s stock worth $118,389,000 after acquiring an additional 383,659 shares during the period. Finally, True Link Financial Advisors LLC lifted its position in Vanguard Intermediate-Term Bond ETF by 7.7% during the 4th quarter. True Link Financial Advisors LLC now owns 5,225,541 shares of the company’s stock worth $406,965,000 after acquiring an additional 373,290 shares during the period.

Vanguard Intermediate-Term Bond ETF Stock Down 0.1%

Shares of BIV opened at $76.48 on Friday. The stock has a 50-day moving average of $76.79 and a two-hundred day moving average of $77.53. Vanguard Intermediate-Term Bond ETF has a one year low of $75.63 and a one year high of $79.08.

Vanguard Intermediate-Term Bond ETF 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.