Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) Shares Sold by Stephenson & Company Inc.

Stephenson & Company Inc. trimmed its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 0.3% in the third quarter, Holdings Channel reports. The institutional investor owned 131,709 shares of the company’s stock after selling 424 shares during the period. Vanguard Intermediate-Term Bond ETF makes up 7.0% of Stephenson & Company Inc.’s holdings, making the stock its 6th largest holding. Stephenson & Company Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $10,322,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in BIV. Williams Financial LLC raised its position in shares of Vanguard Intermediate-Term Bond ETF by 6,178.1% in the second quarter. Williams Financial LLC now owns 18,233,473 shares of the company’s stock valued at $1,355,019,000 after buying an additional 17,943,042 shares in the last quarter. Retirement Investment Advisors Inc. bought a new position in Vanguard Intermediate-Term Bond ETF in the second quarter valued at approximately $95,804,000. True Link Financial Advisors LLC increased its stake in Vanguard Intermediate-Term Bond ETF by 31.8% in the third quarter. True Link Financial Advisors LLC now owns 3,707,227 shares of the company’s stock valued at $290,535,000 after acquiring an additional 894,519 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in Vanguard Intermediate-Term Bond ETF by 12.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 7,038,111 shares of the company’s stock valued at $527,153,000 after acquiring an additional 770,007 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its stake in Vanguard Intermediate-Term Bond ETF by 59.0% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 1,610,345 shares of the company’s stock valued at $126,203,000 after acquiring an additional 597,770 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of NYSEARCA:BIV opened at $76.01 on Thursday. The company’s 50 day simple moving average is $77.64 and its 200 day simple moving average is $75.99. Vanguard Intermediate-Term Bond ETF has a 1 year low of $70.91 and a 1 year high of $78.89.

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).