Ballentine Capital Advisors Inc Has $27.50 Million Stock Position in Vanguard Intermediate-Term Bond ETF $BIV

Ballentine Capital Advisors Inc lifted its holdings in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 4.4% in the fourth quarter, Holdings Channel.com reports. The fund owned 353,098 shares of the company’s stock after purchasing an additional 15,029 shares during the quarter. Vanguard Intermediate-Term Bond ETF accounts for approximately 11.6% of Ballentine Capital Advisors Inc’s portfolio, making the stock its 3rd largest position. Ballentine Capital Advisors Inc’s holdings in Vanguard Intermediate-Term Bond ETF were worth $27,499,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Blue Trust Inc. lifted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 85.5% during the 3rd quarter. Blue Trust Inc. now owns 371 shares of the company’s stock worth $29,000 after acquiring an additional 171 shares during the period. Kelleher Financial Advisors bought a new position in shares of Vanguard Intermediate-Term Bond ETF during the 3rd quarter worth about $30,000. Texas Capital Bancshares Inc TX bought a new position in shares of Vanguard Intermediate-Term Bond ETF during the 3rd quarter worth about $31,000. Alpine Bank Wealth Management bought a new position in shares of Vanguard Intermediate-Term Bond ETF during the 3rd quarter worth about $33,000. Finally, N.E.W. Advisory Services LLC increased its position in shares of Vanguard Intermediate-Term Bond ETF by 96.1% during the 4th quarter. N.E.W. Advisory Services LLC now owns 500 shares of the company’s stock worth $39,000 after purchasing an additional 245 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Trading Down 0.3%

Shares of Vanguard Intermediate-Term Bond ETF stock opened at $76.82 on Friday. The company has a 50-day simple moving average of $77.52 and a 200 day simple moving average of $77.92. Vanguard Intermediate-Term Bond ETF has a 12-month low of $75.28 and a 12-month 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.