First Merchants Corp Grows Stock Holdings in Vanguard Intermediate-Term Bond ETF $BIV

First Merchants Corp grew its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 4.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 280,173 shares of the company’s stock after purchasing an additional 12,526 shares during the quarter. First Merchants Corp’s holdings in Vanguard Intermediate-Term Bond ETF were worth $21,669,000 as of its most recent SEC filing.

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

Vanguard Intermediate-Term Bond ETF Stock Down 0.0%

BIV stock opened at $77.99 on Thursday. The firm’s 50 day moving average price is $77.82 and its 200-day moving average price is $76.80. Vanguard Intermediate-Term Bond ETF has a one year low of $73.72 and a one year 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).