Stephens Inc. AR Purchases 78,546 Shares of Vanguard Intermediate-Term Bond ETF $BIV

Stephens Inc. AR lifted its position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 16.7% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 548,733 shares of the company’s stock after acquiring an additional 78,546 shares during the quarter. Stephens Inc. AR’s holdings in Vanguard Intermediate-Term Bond ETF were worth $42,735,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Clarity Wealth Advisors LLC grew its position in shares of Vanguard Intermediate-Term Bond ETF by 18.4% during the 4th quarter. Clarity Wealth Advisors LLC now owns 135,024 shares of the company’s stock worth $10,516,000 after buying an additional 21,013 shares in the last quarter. Betterment LLC grew its position in shares of Vanguard Intermediate-Term Bond ETF by 7.2% during the 3rd quarter. Betterment LLC now owns 282,041 shares of the company’s stock worth $22,025,000 after buying an additional 19,017 shares in the last quarter. Fonville Wealth Management LLC grew its position in shares of Vanguard Intermediate-Term Bond ETF by 34.8% during the 4th quarter. Fonville Wealth Management LLC now owns 177,008 shares of the company’s stock worth $13,785,000 after buying an additional 45,702 shares in the last quarter. Covenant Asset Management LLC bought a new position in shares of Vanguard Intermediate-Term Bond ETF during the 4th quarter worth $1,177,000. Finally, Asset Allocation & Management Company LLC bought a new position in shares of Vanguard Intermediate-Term Bond ETF during the 4th quarter worth $1,150,000.

Vanguard Intermediate-Term Bond ETF Price Performance

BIV opened at $76.06 on Friday. Vanguard Intermediate-Term Bond ETF has a 12-month low of $75.28 and a 12-month high of $79.08. The business’s fifty day simple moving average is $77.17 and its 200-day simple moving average is $77.79.

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.