Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) Shares Sold by Welch & Forbes LLC

Welch & Forbes LLC reduced its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 10.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 9,796 shares of the company’s stock after selling 1,101 shares during the quarter. Welch & Forbes LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $748,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in BIV. Sugarloaf Wealth Management LLC purchased a new position in shares of Vanguard Intermediate-Term Bond ETF in the fourth quarter valued at approximately $25,000. CVA Family Office LLC purchased a new position in Vanguard Intermediate-Term Bond ETF in the fourth quarter valued at $36,000. Financial Connections Group Inc. purchased a new stake in Vanguard Intermediate-Term Bond ETF during the 4th quarter worth about $38,000. JFS Wealth Advisors LLC acquired a new stake in Vanguard Intermediate-Term Bond ETF in the 3rd quarter valued at about $56,000. Finally, Financial Gravity Asset Management Inc. boosted its stake in shares of Vanguard Intermediate-Term Bond ETF by 949.3% in the 3rd quarter. Financial Gravity Asset Management Inc. now owns 787 shares of the company’s stock valued at $56,000 after buying an additional 712 shares during the period.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of Vanguard Intermediate-Term Bond ETF stock traded down $0.08 on Wednesday, reaching $74.17. 299,077 shares of the company were exchanged, compared to its average volume of 1,267,229. The stock’s 50 day moving average price is $74.44 and its 200-day moving average price is $74.54. Vanguard Intermediate-Term Bond ETF has a 1-year low of $70.43 and a 1-year high of $77.46.

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).