The Manufacturers Life Insurance Company Reduces Position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

The Manufacturers Life Insurance Company decreased its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 44.9% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,199 shares of the company’s stock after selling 2,609 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Vanguard Intermediate-Term Bond ETF were worth $240,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Williams Financial LLC lifted its stake in Vanguard Intermediate-Term Bond ETF by 6,178.1% in the second quarter. Williams Financial LLC now owns 18,233,473 shares of the company’s stock worth $1,355,019,000 after acquiring an additional 17,943,042 shares during the period. Mather Group LLC. lifted its stake in Vanguard Intermediate-Term Bond ETF by 11.0% in the second quarter. Mather Group LLC. now owns 2,898,162 shares of the company’s stock worth $218,521,000 after acquiring an additional 288,111 shares during the period. True Link Financial Advisors LLC lifted its stake in Vanguard Intermediate-Term Bond ETF by 4.2% in 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 during the period. Lincoln National Corp lifted its stake in Vanguard Intermediate-Term Bond ETF by 5.3% in the first quarter. Lincoln National Corp now owns 1,873,521 shares of the company’s stock worth $141,264,000 after acquiring an additional 94,480 shares during the period. Finally, TIAA Trust National Association lifted its position in Vanguard Intermediate-Term Bond ETF by 19.2% during the second quarter. TIAA Trust National Association now owns 1,745,267 shares of the company’s stock valued at $130,703,000 after buying an additional 281,371 shares during the period.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of Vanguard Intermediate-Term Bond ETF stock opened at $76.96 on Friday. The business has a fifty day simple moving average of $77.83 and a two-hundred day simple moving average of $75.87. Vanguard Intermediate-Term Bond ETF has a 12 month low of $70.43 and a 12 month high of $78.89.

About Vanguard Intermediate-Term Bond ETF

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).