Zhang Financial LLC

A $29.88 million capital surge into Vanguard Intermediate-Term Bond ETF (BIV) in Q4 2025 reveals how Zhang Financial LLC systematically manages duration risk across its $2.68 billion portfolio. The RIA expanded total reported US assets from $2.46 billion to $2.68 billion while bolstering core fixed income and total-market ETF holdings. Alongside BIV (which reached $118.39 million), the firm deployed $16.65 million in net inflows into iShares Core U.S. Aggregate Bond ETF (AGG), while adding $12.19 million in net flow to iShares Core S&P Total US Stock Market ETF (ITOT) and $10.54 million to Vanguard Total International Stock ETF (VXUS).