Vanguard Intermediate-Term Bond ETF $BIV Shares Sold by Sovereign Investment Advisors LLC

Sovereign Investment Advisors LLC trimmed its holdings in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 15.1% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 84,554 shares of the company’s stock after selling 15,034 shares during the period. Vanguard Intermediate-Term Bond ETF comprises approximately 1.8% of Sovereign Investment Advisors LLC’s investment portfolio, making the stock its 18th biggest position. Sovereign Investment Advisors LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $6,603,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Evolution Wealth Management Inc. acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF during the 2nd quarter valued at $26,000. Blue Trust Inc. raised its position in shares of Vanguard Intermediate-Term Bond ETF by 85.5% during the third quarter. Blue Trust Inc. now owns 371 shares of the company’s stock worth $29,000 after purchasing an additional 171 shares during the period. First Community Trust NA acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF during the third quarter worth $30,000. ORG Partners LLC lifted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 177.8% during the second quarter. ORG Partners LLC now owns 400 shares of the company’s stock valued at $31,000 after purchasing an additional 256 shares during the last quarter. Finally, Alpine Bank Wealth Management purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF during the third quarter valued at $33,000.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of BIV opened at $77.96 on Monday. The business’s 50-day moving average price is $78.08 and its 200 day moving average price is $77.81. Vanguard Intermediate-Term Bond ETF has a 1-year low of $73.72 and a 1-year high of $78.91.

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.