Operose Advisors LLC Invests $684,000 in Vanguard Intermediate-Term Bond ETF $BIV

Operose Advisors LLC acquired a new position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 8,913 shares of the company’s stock, valued at approximately $684,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Wells Fargo & Company MN increased its holdings in 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 last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in 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 valued at $983,476,000 after acquiring an additional 752,384 shares during the last quarter. EP Wealth Advisors LLC bought a new stake in Vanguard Intermediate-Term Bond ETF in the fourth quarter worth approximately $672,555,000. Morgan Stanley grew its position in Vanguard Intermediate-Term Bond ETF by 11.8% in the fourth quarter. Morgan Stanley now owns 7,471,592 shares of the company’s stock worth $581,888,000 after acquiring an additional 790,288 shares in the last quarter. Finally, Bank of America Corp DE grew its position in 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 in the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of BIV opened at $74.94 on Friday. The company’s fifty day moving average is $75.74 and its 200-day moving average is $76.64. Vanguard Intermediate-Term Bond ETF has a 12 month low of $74.79 and a 12 month high of $79.08.

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.