Midwest Financial Network LLC Has $2.88 Million Stake in Vanguard Intermediate-Term Bond ETF $BIV

Midwest Financial Network LLC reduced its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 20.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,532 shares of the company’s stock after selling 9,452 shares during the period. Vanguard Intermediate-Term Bond ETF accounts for approximately 2.0% of Midwest Financial Network LLC’s portfolio, making the stock its 15th biggest holding. Midwest Financial Network LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $2,879,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Johnson Financial Group Inc. acquired a new position in Vanguard Intermediate-Term Bond ETF during the first quarter valued at approximately $28,000. Kelleher Financial Advisors bought a new stake in shares of Vanguard Intermediate-Term Bond ETF during the 3rd quarter worth $30,000. Texas Capital Bancshares Inc TX acquired a new position in Vanguard Intermediate-Term Bond ETF in the 3rd quarter valued at $31,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in Vanguard Intermediate-Term Bond ETF in the 4th quarter valued at $31,000. Finally, Darwin Wealth Management LLC bought a new position in Vanguard Intermediate-Term Bond ETF in the 1st quarter worth $36,000.

Vanguard Intermediate-Term Bond ETF Stock Performance

BIV stock opened at $75.77 on Thursday. The company has a 50-day moving average of $76.20 and a two-hundred day moving average of $77.01. Vanguard Intermediate-Term Bond ETF has a 52-week low of $75.31 and a 52-week high of $79.08.

Vanguard Intermediate-Term Bond ETF Company 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.