Source: Americanbankingnews

Ballentine Partners: Ballentine Partners LLC Boosts Stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Ballentine Partners LLC raised its holdings in shares of Vanguard Intermediate-Term Bond ETF ( NYSEARCA:BIV - Get Rating ) by 45.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,056 shares of the company's stock after buying an additional 7,564 shares during the period. Ballentine Partners LLC's holdings in Vanguard Intermediate-Term Bond ETF were worth $1,788,000 at the end of the most recent reporting period. Other hedge funds have also recently modified their holdings of the company. United Capital Financial Advisers LLC lifted its stake in shares of Vanguard Intermediate-Term Bond ETF by 168,666.6% during the 3rd quarter. United Capital Financial Advisers LLC now owns 4,688,337 shares of the company's stock worth $344,499,000 after acquiring an additional 4,685,559 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Vanguard Intermediate-Term Bond ETF by 28.3% during the third quarter. Envestnet Asset Management Inc. now owns 19,781,404 shares of the company's stock worth $1,453,538,000 after purchasing an additional 4,362,168 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of Vanguard Intermediate-Term Bond ETF by 3,508.8% during the second quarter. Goldman Sachs Group Inc. now owns 658,681 shares of the company's stock valued at $51,146,000 after purchasing an additional 640,429 shares during the period. Jane Street Group LLC boosted its stake in shares of Vanguard Intermediate-Term Bond ETF by 110.5% during the second quarter. Jane Street Group LLC now owns 1,211,040 shares of the company's stock valued at $94,037,000 after purchasing an additional 635,707 shares during the period. Finally, Baird Financial Group Inc. grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 31.2% in the third quarter. Baird Financial Group Inc. now owns 2,483,457 shares of the company's stock worth $182,484,000 after purchasing an additional 590,521 shares during the last quarter. Shares of BIV opened at $77.47 on Friday. Vanguard Intermediate-Term Bond ETF has a 1-year low of $71.40 and a 1-year high of $80.43. The company has a 50-day moving average of $75.66 and a 200 day moving average of $74.94. 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). Want to see what other hedge funds are holding BIV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Intermediate-Term Bond ETF ( NYSEARCA:BIV - Get Rating ). Receive News & Ratings for Vanguard Intermediate-Term Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard Intermediate-Term Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter .

Read full article »
Est. Annual Revenue
$25-100M
Est. Employees
25-100
Drew McMorrow's photo - President & CEO of Ballentine Partners

President & CEO

Drew McMorrow

CEO Approval Rating

- -/100

Read more