Envestnet Portfolio Solutions Inc. Has $160.48 Million Stock Position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Envestnet Portfolio Solutions Inc. lessened its position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 2.0% in the first quarter, HoldingsChannel.com reports. The firm owned 2,128,419 shares of the company’s stock after selling 43,272 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $160,483,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Evolution Advisers Inc. increased its holdings in Vanguard Intermediate-Term Bond ETF by 4.4% in the first quarter. Evolution Advisers Inc. now owns 69,446 shares of the company’s stock worth $5,237,000 after purchasing an additional 2,898 shares in the last quarter. Geneos Wealth Management Inc. increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 3.1% in the 1st quarter. Geneos Wealth Management Inc. now owns 323,028 shares of the company’s stock valued at $24,356,000 after acquiring an additional 9,622 shares in the last quarter. Silver Oak Advisory Group Inc. lifted its position in shares of Vanguard Intermediate-Term Bond ETF by 5.0% during the 1st quarter. Silver Oak Advisory Group Inc. now owns 71,847 shares of the company’s stock valued at $5,418,000 after acquiring an additional 3,448 shares during the period. Joseph P. Lucia & Associates LLC boosted its stake in Vanguard Intermediate-Term Bond ETF by 83.8% during the first quarter. Joseph P. Lucia & Associates LLC now owns 34,944 shares of the company’s stock worth $2,635,000 after acquiring an additional 15,935 shares in the last quarter. Finally, Richardson Financial Services Inc. acquired a new stake in Vanguard Intermediate-Term Bond ETF in the first quarter worth $128,000.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of BIV stock traded up $0.16 on Friday, reaching $75.89. 1,689,159 shares of the company were exchanged, compared to its average volume of 1,124,831. The company has a 50-day moving average of $74.73 and a 200-day moving average of $74.93. Vanguard Intermediate-Term Bond ETF has a one year low of $70.43 and a one year high of $76.76.

Vanguard Intermediate-Term Bond ETF 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).