Northwestern Mutual Wealth Management Co. Has $983.48 Million Stock Holdings in Vanguard Intermediate-Term Bond ETF $BIV

Northwestern Mutual Wealth Management Co. increased its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 6.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,822,370 shares of the company’s stock after buying an additional 752,384 shares during the period. Vanguard Intermediate-Term Bond ETF accounts for approximately 0.5% of Northwestern Mutual Wealth Management Co.’s holdings, making the stock its 29th biggest holding. Northwestern Mutual Wealth Management Co.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $983,476,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in BIV. Diversify Advisory Services LLC increased its holdings in shares of Vanguard Intermediate-Term Bond ETF by 602.7% in the second quarter. Diversify Advisory Services LLC now owns 20,834 shares of the company’s stock valued at $1,610,000 after purchasing an additional 17,869 shares in the last quarter. Diversify Wealth Management LLC acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF in the 2nd quarter valued at $250,000. Raymond James Financial Inc. increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 20.1% in the 2nd quarter. Raymond James Financial Inc. now owns 1,923,304 shares of the company’s stock valued at $148,748,000 after buying an additional 322,207 shares during the period. Ausdal Financial Partners Inc. raised its position in shares of Vanguard Intermediate-Term Bond ETF by 0.8% during the second quarter. Ausdal Financial Partners Inc. now owns 32,739 shares of the company’s stock worth $2,532,000 after acquiring an additional 264 shares during the last quarter. Finally, Jane Street Group LLC acquired a new position in shares of Vanguard Intermediate-Term Bond ETF during the second quarter valued at $17,088,000.

Vanguard Intermediate-Term Bond ETF Trading Down 0.1%

Vanguard Intermediate-Term Bond ETF stock opened at $75.36 on Tuesday. The business’s 50-day simple moving average is $75.89 and its 200 day simple moving average is $76.73. Vanguard Intermediate-Term Bond ETF has a 12-month low of $75.29 and a 12-month high of $79.08.

Vanguard Intermediate-Term Bond ETF Company 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.