Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) Position Reduced by Stephens Consulting LLC

Stephens Consulting LLC decreased its position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 6.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,569 shares of the company’s stock after selling 1,323 shares during the period. Vanguard Intermediate-Term Bond ETF accounts for about 0.5% of Stephens Consulting LLC’s investment portfolio, making the stock its 28th largest holding. Stephens Consulting LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $1,476,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in BIV. Sugarloaf Wealth Management LLC acquired a new position in Vanguard Intermediate-Term Bond ETF in the fourth quarter worth approximately $25,000. CVA Family Office LLC acquired a new position in Vanguard Intermediate-Term Bond ETF in the fourth quarter worth approximately $36,000. Financial Connections Group Inc. purchased a new position in Vanguard Intermediate-Term Bond ETF during the 4th quarter worth approximately $38,000. United Advisor Group LLC purchased a new position in Vanguard Intermediate-Term Bond ETF during the 4th quarter worth approximately $40,000. Finally, American National Bank grew its position in Vanguard Intermediate-Term Bond ETF by 616.0% during the 1st quarter. American National Bank now owns 537 shares of the company’s stock worth $40,000 after purchasing an additional 462 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Trading Down 0.4 %

NYSEARCA BIV traded down $0.27 on Friday, hitting $74.89. 699,082 shares of the stock were exchanged, compared to its average volume of 1,136,593. Vanguard Intermediate-Term Bond ETF has a 52-week low of $70.43 and a 52-week high of $76.76. The company’s 50-day moving average price is $74.43 and its two-hundred day moving average price is $74.99.

About Vanguard Intermediate-Term Bond ETF

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).