Precedent Wealth Partners LLC Sells 6,835 Shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Precedent Wealth Partners LLC cut its position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 10.2% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 60,178 shares of the company’s stock after selling 6,835 shares during the quarter. Vanguard Intermediate-Term Bond ETF comprises 1.5% of Precedent Wealth Partners LLC’s investment portfolio, making the stock its 15th biggest holding. Precedent Wealth Partners LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $4,497,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Blue Trust Inc. grew its position in shares of Vanguard Intermediate-Term Bond ETF by 88.7% in the 3rd quarter. Blue Trust Inc. now owns 402 shares of the company’s stock worth $30,000 after buying an additional 189 shares during the period. Coastline Trust Co bought a new position in shares of Vanguard Intermediate-Term Bond ETF during the third quarter valued at approximately $32,000. Armstrong Advisory Group Inc. lifted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 504.0% during the third quarter. Armstrong Advisory Group Inc. now owns 610 shares of the company’s stock valued at $48,000 after purchasing an additional 509 shares during the last quarter. Cedar Mountain Advisors LLC boosted its position in shares of Vanguard Intermediate-Term Bond ETF by 3,887.5% in the 4th quarter. Cedar Mountain Advisors LLC now owns 957 shares of the company’s stock worth $72,000 after purchasing an additional 933 shares in the last quarter. Finally, Sugarloaf Wealth Management LLC grew its stake in shares of Vanguard Intermediate-Term Bond ETF by 35.3% in the 3rd quarter. Sugarloaf Wealth Management LLC now owns 1,031 shares of the company’s stock worth $81,000 after buying an additional 269 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Trading Up 0.2 %

Shares of NYSEARCA:BIV opened at $74.79 on Friday. The stock has a fifty day simple moving average of $75.20 and a two-hundred day simple moving average of $76.36. Vanguard Intermediate-Term Bond ETF has a 12-month low of $72.95 and a 12-month 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).