Vanguard Intermediate-Term Bond ETF $BIV Stock Position Lowered by Smith Partners Wealth Management LLC

Smith Partners Wealth Management LLC trimmed its holdings in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 78.6% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 3,743 shares of the company’s stock after selling 13,739 shares during the period. Smith Partners Wealth Management LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $273,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Johnson Financial Group Inc. purchased a new position in shares of Vanguard Intermediate-Term Bond ETF during the 1st quarter valued at approximately $28,000. Brown Lisle Cummings Inc. purchased a new stake in Vanguard Intermediate-Term Bond ETF in the 2nd quarter worth $31,000. Hollencrest Capital Management purchased a new stake in Vanguard Intermediate-Term Bond ETF in the 1st quarter worth $37,000. GK Wealth Management LLC purchased a new stake in Vanguard Intermediate-Term Bond ETF in the 3rd quarter worth $40,000. Finally, Laurel Wealth Advisors LLC purchased a new stake in Vanguard Intermediate-Term Bond ETF in the 3rd quarter worth $40,000.

Vanguard Intermediate-Term Bond ETF Stock Performance

NYSEARCA:BIV opened at $73.86 on Thursday. The company has a fifty day moving average of $73.74 and a two-hundred day moving average of $76.03. Vanguard Intermediate-Term Bond ETF has a fifty-two week low of $72.31 and a fifty-two week high of $79.08.

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). 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.