Mine & Arao Wealth Creation & Management LLC. Reduces Position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Mine & Arao Wealth Creation & Management LLC. lessened its position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 3.2% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 4,892 shares of the company’s stock after selling 162 shares during the quarter. Mine & Arao Wealth Creation & Management LLC.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $374,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in BIV. Sugarloaf Wealth Management LLC purchased a new position in Vanguard Intermediate-Term Bond ETF during the 4th quarter worth approximately $25,000. CVA Family Office LLC purchased a new position in Vanguard Intermediate-Term Bond ETF during the 4th quarter worth approximately $36,000. Financial Connections Group Inc. purchased a new position in shares of Vanguard Intermediate-Term Bond ETF in the 4th quarter valued at approximately $38,000. JFS Wealth Advisors LLC purchased a new position in shares of Vanguard Intermediate-Term Bond ETF in the 3rd quarter valued at approximately $56,000. Finally, Financial Gravity Asset Management Inc. grew its stake in shares of Vanguard Intermediate-Term Bond ETF by 949.3% in the 3rd quarter. Financial Gravity Asset Management Inc. now owns 787 shares of the company’s stock valued at $56,000 after purchasing an additional 712 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Trading Up 0.3 %

Shares of BIV stock traded up $0.20 during midday trading on Wednesday, hitting $73.24. The company had a trading volume of 1,076,786 shares, compared to its average volume of 1,280,564. The company’s 50 day simple moving average is $74.53 and its 200 day simple moving average is $74.44. Vanguard Intermediate-Term Bond ETF has a 52-week low of $70.43 and a 52-week high of $77.68.

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).