Wells Fargo & Company MN Has $1.99 Billion Stock Holdings in Vanguard Intermediate-Term Bond ETF $BIV

Wells Fargo & Company MN raised its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 5.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 25,526,720 shares of the company’s stock after purchasing an additional 1,249,895 shares during the period. Wells Fargo & Company MN owned 7.32% of Vanguard Intermediate-Term Bond ETF worth $1,988,021,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BIV. CRA Financial Services LLC grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 3.8% in the fourth quarter. CRA Financial Services LLC now owns 3,530 shares of the company’s stock worth $275,000 after acquiring an additional 130 shares during the period. World Equity Group Inc. grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 3.7% in the fourth quarter. World Equity Group Inc. now owns 3,853 shares of the company’s stock worth $300,000 after acquiring an additional 138 shares during the period. Koshinski Asset Management Inc. grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 1.1% in the third quarter. Koshinski Asset Management Inc. now owns 13,194 shares of the company’s stock worth $1,030,000 after acquiring an additional 141 shares during the period. WealthCare Investment Partners LLC grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 1.5% in the third quarter. WealthCare Investment Partners LLC now owns 9,642 shares of the company’s stock worth $753,000 after acquiring an additional 142 shares during the period. Finally, Oarsman Capital Inc. grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 5.2% in the third quarter. Oarsman Capital Inc. now owns 2,903 shares of the company’s stock worth $227,000 after acquiring an additional 143 shares during the period.

Vanguard Intermediate-Term Bond ETF Stock Down 0.1%

Shares of BIV opened at $76.48 on Friday. Vanguard Intermediate-Term Bond ETF has a one year low of $75.63 and a one year high of $79.08. The business has a fifty day moving average of $76.79 and a 200 day moving average of $77.53.

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.