Vanguard Intermediate-Term Bond ETF $BIV Stock: Asset Allocation & Management Company LLC Decreases Position

Asset Allocation & Management Company LLC lessened its position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 41.0% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 14,760 shares of the company’s stock after selling 10,260 shares during the period. Vanguard Intermediate-Term Bond ETF makes up approximately 0.3% of Asset Allocation & Management Company LLC’s investment portfolio, making the stock its 29th largest position. Asset Allocation & Management Company LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $1,075,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Raleigh Capital Management Inc. boosted its position in shares of Vanguard Intermediate-Term Bond ETF by 6.1% in the 1st quarter. Raleigh Capital Management Inc. now owns 2,294 shares of the company’s stock worth $177,000 after buying an additional 132 shares in the last quarter. Nabity Jensen Investment Management Inc increased its holdings in Vanguard Intermediate-Term Bond ETF by 0.4% during the 2nd quarter. Nabity Jensen Investment Management Inc now owns 37,167 shares of the company’s stock valued at $2,851,000 after acquiring an additional 135 shares in the last quarter. Tcfg Wealth Management LLC increased its holdings in Vanguard Intermediate-Term Bond ETF by 4.2% during the 1st quarter. Tcfg Wealth Management LLC now owns 3,506 shares of the company’s stock valued at $271,000 after acquiring an additional 141 shares in the last quarter. LifePlan Investment Advisors Inc. raised its position in Vanguard Intermediate-Term Bond ETF by 1.1% during the second quarter. LifePlan Investment Advisors Inc. now owns 13,032 shares of the company’s stock worth $1,000,000 after acquiring an additional 143 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC raised its position in Vanguard Intermediate-Term Bond ETF by 2.1% during the second quarter. Wealthcare Advisory Partners LLC now owns 7,608 shares of the company’s stock worth $584,000 after acquiring an additional 153 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

BIV traded down $0.01 during midday trading on Tuesday, reaching $72.95. 1,246,733 shares of the company’s stock were exchanged, compared to its average volume of 1,914,616. Vanguard Intermediate-Term Bond ETF has a 1-year low of $72.31 and a 1-year high of $79.08. The business’s 50-day moving average price is $74.47 and its 200 day moving average price is $75.82.

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.