Austin Asset Management Co Inc Purchases 3,566 Shares of Vanguard Intermediate-Term Bond ETF $BIV

Austin Asset Management Co Inc grew its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 2.3% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 160,984 shares of the company’s stock after buying an additional 3,566 shares during the period. Vanguard Intermediate-Term Bond ETF comprises approximately 2.5% of Austin Asset Management Co Inc’s holdings, making the stock its 11th biggest position. Austin Asset Management Co Inc’s holdings in Vanguard Intermediate-Term Bond ETF were worth $12,451,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of BIV. Beacon Capital Management Inc. increased its position in Vanguard Intermediate-Term Bond ETF by 624.3% in the first quarter. Beacon Capital Management Inc. now owns 6,022,945 shares of the company’s stock worth $456,660,000 after buying an additional 5,191,374 shares in the last quarter. Envestnet Asset Management Inc. increased its position in Vanguard Intermediate-Term Bond ETF by 7.3% in the first quarter. Envestnet Asset Management Inc. now owns 18,092,410 shares of the company’s stock worth $1,385,336,000 after buying an additional 1,238,612 shares in the last quarter. Wit LLC increased its position in Vanguard Intermediate-Term Bond ETF by 117,987.6% in the first quarter. Wit LLC now owns 839,603 shares of the company’s stock worth $68,621,000 after buying an additional 838,892 shares in the last quarter. EP Wealth Advisors LLC increased its position in Vanguard Intermediate-Term Bond ETF by 17.9% in the first quarter. EP Wealth Advisors LLC now owns 5,394,520 shares of the company’s stock worth $413,058,000 after buying an additional 819,212 shares in the last quarter. Finally, Zhang Financial LLC increased its position in Vanguard Intermediate-Term Bond ETF by 263.9% in the first quarter. Zhang Financial LLC now owns 660,669 shares of the company’s stock worth $50,587,000 after buying an additional 479,115 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of BIV opened at $77.99 on Thursday. The business has a 50-day simple moving average of $77.82 and a two-hundred day simple moving average of $76.80. Vanguard Intermediate-Term Bond ETF has a 52 week low of $73.72 and a 52 week high of $78.79.

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).