Beacon Capital Management Inc. Trims Stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Beacon Capital Management Inc. reduced its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIVFree Report) by 47.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 495,879 shares of the company’s stock after selling 443,082 shares during the quarter. Vanguard Intermediate-Term Bond ETF accounts for 1.6% of Beacon Capital Management Inc.’s holdings, making the stock its 15th largest position. Beacon Capital Management Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $37,012,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Opal Wealth Advisors LLC purchased a new position in Vanguard Intermediate-Term Bond ETF during the fourth quarter valued at approximately $409,000. GSB Wealth Management LLC increased its position in shares of Vanguard Intermediate-Term Bond ETF by 3.2% during the third quarter. GSB Wealth Management LLC now owns 9,884 shares of the company’s stock worth $715,000 after purchasing an additional 308 shares in the last quarter. Meeder Asset Management Inc. increased its position in shares of Vanguard Intermediate-Term Bond ETF by 9.8% during the fourth quarter. Meeder Asset Management Inc. now owns 27,523 shares of the company’s stock worth $2,102,000 after purchasing an additional 2,467 shares in the last quarter. Apollon Wealth Management LLC purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF during the fourth quarter worth approximately $5,353,000. Finally, Parkside Financial Bank & Trust increased its position in shares of Vanguard Intermediate-Term Bond ETF by 21.2% during the fourth quarter. Parkside Financial Bank & Trust now owns 125,575 shares of the company’s stock worth $9,591,000 after purchasing an additional 21,989 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Up 0.1 %

Shares of BIV traded up $0.05 during trading hours on Friday, hitting $75.31. 915,528 shares of the stock were exchanged, compared to its average volume of 1,154,058. The stock’s 50-day moving average price is $74.25 and its two-hundred day moving average price is $74.97. Vanguard Intermediate-Term Bond ETF has a 12-month low of $70.43 and a 12-month high of $76.76.

About Vanguard Intermediate-Term Bond ETF

(Free Report)

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).

See Also

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Institutional Ownership by Quarter for Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

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