GWN Securities Inc. Sells 6,449 Shares of Vanguard Intermediate-Term Bond ETF $BIV

GWN Securities Inc. reduced its position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 41.4% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 9,127 shares of the company’s stock after selling 6,449 shares during the period. GWN Securities Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $715,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BIV. American Trust bought a new stake in shares of Vanguard Intermediate-Term Bond ETF in the 2nd quarter valued at about $82,058,000. EP Wealth Advisors LLC increased its holdings in shares of Vanguard Intermediate-Term Bond ETF by 12.6% in the 2nd quarter. EP Wealth Advisors LLC now owns 6,071,963 shares of the company’s stock valued at $469,606,000 after acquiring an additional 677,443 shares during the period. Envestnet Asset Management Inc. lifted its stake in shares of Vanguard Intermediate-Term Bond ETF by 2.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 18,569,598 shares of the company’s stock worth $1,436,171,000 after purchasing an additional 477,188 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in Vanguard Intermediate-Term Bond ETF by 5.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 9,106,889 shares of the company’s stock valued at $704,327,000 after purchasing an additional 461,305 shares in the last quarter. Finally, TIAA Trust National Association grew its stake in Vanguard Intermediate-Term Bond ETF by 23.4% in the second quarter. TIAA Trust National Association now owns 2,372,485 shares of the company’s stock valued at $183,488,000 after purchasing an additional 450,557 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

BIV stock opened at $78.11 on Thursday. The firm has a 50-day simple moving average of $78.09 and a two-hundred day simple moving average of $77.82. Vanguard Intermediate-Term Bond ETF has a one year low of $74.37 and a one year high of $78.91.

Vanguard Intermediate-Term Bond ETF Profile

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). The Index includes all medium and larger issues of the United States Government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities between 5 and 10 years and are publicly issued.