Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) Shares Sold by Duncan Williams Asset Management LLC

Duncan Williams Asset Management LLC trimmed its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 50.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,694 shares of the company’s stock after selling 3,731 shares during the quarter. Duncan Williams Asset Management LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $276,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. True Link Financial Advisors LLC grew its position in shares of 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 purchasing an additional 894,519 shares during the period. EP Wealth Advisors LLC grew its holdings in Vanguard Intermediate-Term Bond ETF by 38.5% in the 3rd quarter. EP Wealth Advisors LLC now owns 3,037,989 shares of the company’s stock valued at $238,087,000 after buying an additional 844,917 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 12.3% during the 2nd 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. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 59.0% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 1,610,345 shares of the company’s stock worth $126,203,000 after acquiring an additional 597,770 shares during the period. Finally, Sage Financial Management Group Inc. acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF in the third quarter worth approximately $43,848,000.

Vanguard Intermediate-Term Bond ETF Stock Up 0.2 %

Shares of BIV stock opened at $74.79 on Friday. Vanguard Intermediate-Term Bond ETF has a one year low of $72.95 and a one year high of $78.89. The company has a 50 day moving average price of $75.20 and a 200 day moving average price of $76.36.

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).