Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) Shares Sold by MA Private Wealth

MA Private Wealth trimmed its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 18.3% during the second quarter, HoldingsChannel.com reports. The firm owned 131,596 shares of the company’s stock after selling 29,381 shares during the period. Vanguard Intermediate-Term Bond ETF makes up about 1.9% of MA Private Wealth’s portfolio, making the stock its 15th biggest holding. MA Private Wealth’s holdings in Vanguard Intermediate-Term Bond ETF were worth $9,855,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in BIV. RF&L Wealth Management LLC raised its holdings in Vanguard Intermediate-Term Bond ETF by 3.5% in the second quarter. RF&L Wealth Management LLC now owns 3,975 shares of the company’s stock valued at $298,000 after acquiring an additional 135 shares in the last quarter. Watershed Private Wealth LLC raised its stake in shares of Vanguard Intermediate-Term Bond ETF by 4.2% in the 4th quarter. Watershed Private Wealth LLC now owns 3,571 shares of the company’s stock valued at $273,000 after purchasing an additional 143 shares in the last quarter. Benjamin F. Edwards & Company Inc. raised its stake in shares of Vanguard Intermediate-Term Bond ETF by 13.1% in the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 1,257 shares of the company’s stock valued at $96,000 after purchasing an additional 146 shares in the last quarter. Kanawha Capital Management LLC lifted its position in shares of Vanguard Intermediate-Term Bond ETF by 3.7% during the second quarter. Kanawha Capital Management LLC now owns 4,160 shares of the company’s stock worth $312,000 after purchasing an additional 147 shares during the last quarter. Finally, National Bank of Canada FI grew its stake in Vanguard Intermediate-Term Bond ETF by 1.9% in the second quarter. National Bank of Canada FI now owns 8,346 shares of the company’s stock worth $622,000 after purchasing an additional 153 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of NYSEARCA BIV opened at $78.19 on Friday. The stock’s 50 day moving average price is $76.54 and its two-hundred day moving average price is $75.25. Vanguard Intermediate-Term Bond ETF has a 52-week low of $70.43 and a 52-week high of $78.19.

Vanguard Intermediate-Term Bond ETF 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).