The Vanguard Intermediate-Term Bond ETF ( BIV ) is a low-cost, passively managed intermediate bond strategy designed to provide investors with fixed income exposure to US bonds with a 5–10-year maturity. This fixed income strategy can be used by a variety of investorsMonte Independent Investment Research: Michael Del Monte is a buy-side equity analyst with expertise in the technology, energy, industrials, and materials sectors. Prior to working in the investment management industry, Michael spent over a dec ...