Diversified Portfolios Inc. Sells 105,683 Shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Diversified Portfolios Inc. reduced its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 43.7% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 136,427 shares of the company’s stock after selling 105,683 shares during the period. Vanguard Intermediate-Term Bond ETF accounts for approximately 1.2% of Diversified Portfolios Inc.’s holdings, making the stock its 24th largest holding. Diversified Portfolios Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $10,692,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. FAS Wealth Partners Inc. acquired a new stake in Vanguard Intermediate-Term Bond ETF in the second quarter worth $28,000. Blue Trust Inc. grew its stake in Vanguard Intermediate-Term Bond ETF by 88.7% in the third quarter. Blue Trust Inc. now owns 402 shares of the company’s stock valued at $30,000 after acquiring an additional 189 shares during the period. Financial Connections Group Inc. bought a new stake in shares of Vanguard Intermediate-Term Bond ETF in the second quarter worth about $38,000. Armstrong Advisory Group Inc. raised its position in shares of Vanguard Intermediate-Term Bond ETF by 504.0% during the third quarter. Armstrong Advisory Group Inc. now owns 610 shares of the company’s stock worth $48,000 after purchasing an additional 509 shares during the period. Finally, Sugarloaf Wealth Management LLC lifted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 40.3% during the 2nd quarter. Sugarloaf Wealth Management LLC now owns 762 shares of the company’s stock valued at $57,000 after purchasing an additional 219 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

NYSEARCA BIV traded up $0.13 during trading hours on Thursday, reaching $75.37. 576,592 shares of the company’s stock were exchanged, compared to its average volume of 1,139,734. Vanguard Intermediate-Term Bond ETF has a one year low of $72.69 and a one year high of $78.89. The company’s 50-day moving average is $77.21 and its two-hundred day moving average is $76.15.

Vanguard Intermediate-Term Bond ETF Company Profile

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).