HighTower Advisors LLC Has $32.86 Million Position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

HighTower Advisors LLC grew its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 7.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 419,108 shares of the company’s stock after acquiring an additional 29,605 shares during the quarter. HighTower Advisors LLC owned 0.18% of Vanguard Intermediate-Term Bond ETF worth $32,860,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of BIV. Vanguard Group Inc. raised its holdings in Vanguard Intermediate-Term Bond ETF by 57.7% in the first quarter. Vanguard Group Inc. now owns 278,059 shares of the company’s stock worth $20,966,000 after purchasing an additional 101,694 shares during the period. True Link Financial Advisors LLC lifted its holdings in Vanguard Intermediate-Term Bond ETF by 4.2% during the second quarter. True Link Financial Advisors LLC now owns 2,812,708 shares of the company’s stock worth $210,644,000 after acquiring an additional 113,418 shares in the last quarter. Francis Financial Inc. grew its stake in Vanguard Intermediate-Term Bond ETF by 4.7% in the second quarter. Francis Financial Inc. now owns 432,728 shares of the company’s stock valued at $32,407,000 after acquiring an additional 19,612 shares during the period. Diversify Advisory Services LLC bought a new stake in shares of Vanguard Intermediate-Term Bond ETF in the second quarter worth about $203,000. Finally, Hyperion Partners LLC lifted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 3.8% during the 2nd quarter. Hyperion Partners LLC now owns 94,983 shares of the company’s stock valued at $7,113,000 after purchasing an additional 3,483 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of BIV opened at $76.36 on Friday. The stock has a 50 day simple moving average of $76.36 and a 200 day simple moving average of $76.33. Vanguard Intermediate-Term Bond ETF has a 52-week low of $72.95 and a 52-week high of $78.89.

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).