Legacy Trust Reduces Stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Legacy Trust cut its holdings in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 44.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 4,780 shares of the company’s stock after selling 3,750 shares during the quarter. Legacy Trust’s holdings in Vanguard Intermediate-Term Bond ETF were worth $357,000 at the end of the most recent reporting period.

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

Vanguard Intermediate-Term Bond ETF Trading Down 0.1 %

Shares of BIV stock opened at $75.16 on Thursday. Vanguard Intermediate-Term Bond ETF has a twelve month low of $72.95 and a twelve month high of $78.89. The stock has a 50 day moving average of $75.19 and a 200 day moving average 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).