Austin Private Wealth LLC Sells 41,548 Shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Austin Private Wealth LLC cut its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 9.4% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 399,230 shares of the company’s stock after selling 41,548 shares during the quarter. Vanguard Intermediate-Term Bond ETF makes up about 3.9% of Austin Private Wealth LLC’s holdings, making the stock its 6th biggest holding. Austin Private Wealth LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $30,493,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of BIV. Greenwich Wealth Management LLC bought a new position in shares of Vanguard Intermediate-Term Bond ETF in the third quarter valued at approximately $221,000. GSB Wealth Management LLC grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 3.2% during the third quarter. GSB Wealth Management LLC now owns 9,884 shares of the company’s stock worth $715,000 after purchasing an additional 308 shares during the last quarter. Geneos Wealth Management Inc. increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 4.8% in the third quarter. Geneos Wealth Management Inc. now owns 326,071 shares of the company’s stock valued at $23,578,000 after buying an additional 15,028 shares in the last quarter. Avantax Advisory Services Inc. increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 7.4% in the third quarter. Avantax Advisory Services Inc. now owns 352,789 shares of the company’s stock valued at $25,510,000 after buying an additional 24,252 shares in the last quarter. Finally, Websterrogers Financial Advisors LLC raised its holdings in shares of Vanguard Intermediate-Term Bond ETF by 48.5% in the third quarter. Websterrogers Financial Advisors LLC now owns 292,893 shares of the company’s stock valued at $21,179,000 after buying an additional 95,705 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of NYSEARCA:BIV opened at $75.40 on Friday. The company’s 50-day moving average price is $75.25 and its two-hundred day moving average price is $74.18. Vanguard Intermediate-Term Bond ETF has a 12 month low of $70.43 and a 12 month high of $77.71.

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).