Vanguard Bond Index Funds - Vanguard Intermediate-Term Bond ETF
US ˙ ARCA ˙ US9219378190

SecurityBIV / Vanguard Bond Index Funds - Vanguard Intermediate-Term Bond ETF
InstitutionLevel Four Advisory Services, Llc
Latest Disclosed Ownership29,527 shares
Latest Disclosed Value $ 2,278,894
Level Four Advisory Services, Llc reports 6.23% decrease in ownership of BIV / Vanguard Bond Index Funds - Vanguard Intermediate-Term Bond ETF

On May 14, 2026 - Level Four Advisory Services, Llc filed a 13F-HR form disclosing ownership of 29,527 shares of Vanguard Bond Index Funds - Vanguard Intermediate-Term Bond ETF (US:BIV) valued at $2,278,894 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 31,488 shares of Vanguard Bond Index Funds - Vanguard Intermediate-Term Bond ETF. This represents a change in shares of -6.23% during the quarter. The current value of the position is $2,254,091 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Upgrade to unlock premium data and export to Excel .

Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-14 2026-03-31 13F VANGUARD BD INDEX FDS INTERMED TERM 921937819 29,527 -1,961 -6.23 2,279 -7.10 0.0748
2026-02-13 2025-12-31 13F VANGUARD BD INDEX FDS INTERMED TERM 921937819 31,488 -1,755 -5.28 2,452 -5.51 0.0802
2025-11-12 2025-09-30 13F VANGUARD BD INDEX FDS INTERMED TERM 921937819 33,243 -286 -0.85 2,596 0.08 0.0889
2025-08-13 2025-06-30 13F VANGUARD BD INDEX FDS INTERMED TERM 921937819 33,529 2,365 7.59 2,593 8.68 0.0956
2025-05-14 2025-03-31 13F VANGUARD BD INDEX FDS INTERMED TERM 921937819 31,164 415 1.35 2,386 3.87 0.0981
2025-02-12 2024-12-31 13F VANGUARD BD INDEX FDS INTERMED TERM 921937819 30,749 1,650 5.67 2,298 4.03 0.0939
2024-11-14 2024-09-30 13F VANGUARD BD INDEX FDS INTERMED TERM 921937819 29,099 1,817 6.66 2,209 8.08 0.0930
2024-08-09 2024-06-30 13F VANGUARD BD INDEX FDS INTERMED TERM 921937819 27,282 11,360 71.35 2,043 68.01 0.0921
2024-05-13 2024-03-31 13F VANGUARD BD INDEX FDS INTERMED TERM 921937819 15,922 0 0.00 1,216 0.00 0.0668
2024-02-08 2023-12-31 13F VANGUARD BD INDEX FDS INTERMED TERM 921937819 15,922 12,730 398.81 1,216 428.70 0.0682
2023-11-13 2023-09-30 13F VANGUARD BD INDEX FDS INTERMED TERM 921937819 3,192 3,192 231 0.0149
2022-08-08 2022-06-30 13F VANGUARD BD INDEX FDS INTERMED TERM 921937819 0 -2,957 -100.00 0 -100.00
2022-05-10 2022-03-31 13F VANGUARD BD INDEX FDS INTERMED TERM 921937819 2,957 -244 -7.62 242 -13.57 0.0190
2022-02-11 2021-12-31 13F VANGUARD BD INDEX FDS INTERMED TERM 921937819 3,201 3,201 280 0.0213
2021-10-12 2021-09-30 13F VANGUARD BD INDEX FDS INTERMED TERM 921937819 0 -7,715 -100.00 0 -100.00
2021-08-09 2021-06-30 13F VANGUARD BD INDEX FDS INTERMED TERM 921937819 7,715 637 9.00 694 10.51 0.0480
2021-05-10 2021-03-31 13F VANGUARD BD INDEX FDS INTERMED TERM 921937819 7,078 465 7.03 628 2.28 0.0488
2021-02-10 2020-12-31 13F VANGUARD BD INDEX FDS INTERMED TERM 921937819 6,613 -345 -4.96 614 -5.54 0.0493
2020-11-02 2020-09-30 13F VANGUARD BD INDEX FDS INTERMED TERM 921937819 6,958 898 14.82 650 15.04 0.0501
2020-08-17 2020-06-30 13F/A-1 VANGUARD BD INDEX FDS INTERMED TERM 921937819 6,060 -1,814 -23.04 565 -19.74 0.0437
2020-05-13 2020-03-31 13F VANGUARD BD INDEX FDS INTERMED TERM 921937819 7,874 -137 -1.71 704 1.00 0.0844
2020-02-13 2019-12-31 13F VANGUARD BD INDEX FD INTERMED TERM 921937819 8,011 888 12.47 697 11.16 0.0276
2019-11-12 2019-09-30 13F VANGUARD BD INDEX FD INTERMED TERM 921937819 7,123 -2,645 -27.08 627 -25.80 0.0649
2019-08-14 2019-06-30 13F VANGUARD BD INDEX FD INTERMED TERM 921937819 9,768 -554 -5.37 845 -2.42 0.0853
2019-05-15 2019-03-31 13F VANGUARD BD INDEX FD INTERMED TERM 921937819 10,322 1,613 18.52 866 22.32 0.0954
2019-02-07 2018-12-31 13F VANGUARD BD INDEX FD INTERMED TERM 921937819 8,709 359 4.30 708 5.36 0.0883
2018-11-14 2018-09-30 13F VANGUARD BD INDEX FD INTERMED TERM 921937819 8,350 -1,448 -14.78 672 -15.26 0.0726
2018-08-14 2018-06-30 13F VANGUARD BD INDEX FD INTERMED TERM 921937819 9,798 -26,277 -72.84 793 -73.12 0.0578
2018-05-14 2018-03-31 13F VANGUARD BD INDEX FD INTERMED TERM 921937819 36,075 1,705 4.96 2,950 2.40 0.2287
2018-02-13 2017-12-31 13F VANGUARD BD INDEX FD INTERMED TERM 921937819 34,370 4,200 13.92 2,881 12.80 0.2241
2018-04-03 2017-09-30 13F/A-1 VANGUARD BD INDEX FD INTERMED TERM 921937819 30,170 25,104 495.54 2,554 500.94 0.2264
2017-11-15 2017-09-30 13F VANGUARD BD INDEX FD INTERMED TERM 921937819 30,329 25,263 2,567
2017-09-20 2017-06-30 13F/A-1 VANGUARD BD INDEX FD INTERMED TERM 921937819 5,066 -44,051 -89.69 425 -89.65 0.0654
2017-07-12 2017-06-30 13F VANGUARD BD INDEX FD INTERMED TERM 921937819 5,066 -44,051 425
2017-09-20 2017-03-31 13F/A-1 VANGUARD BD INDEX FD INTERMED TERM 921937819 49,117 -768 -1.54 4,108 -0.87 0.4184
2017-05-15 2017-03-31 13F VANGUARD BD INDEX FD INTERMED TERM 921937819 49,117 -768 4,108
2017-02-14 2016-12-31 13F VANGUARD BD INDEX FD INTERMED TERM 921937819 49,885 49,885 4,144 0.5290
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.