Kropog Financial Group LLC Sells 21,258 Shares of Vanguard Intermediate-Term Bond ETF $BIV

Kropog Financial Group LLC decreased its position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 6.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 313,741 shares of the company’s stock after selling 21,258 shares during the period. Vanguard Intermediate-Term Bond ETF makes up about 19.7% of Kropog Financial Group LLC’s portfolio, making the stock its 2nd biggest holding. Kropog Financial Group LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $24,215,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BIV. Kelleher Financial Advisors purchased a new stake in Vanguard Intermediate-Term Bond ETF during the 3rd quarter valued at about $30,000. Texas Capital Bancshares Inc TX acquired a new position in shares of Vanguard Intermediate-Term Bond ETF in the third quarter valued at about $31,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of Vanguard Intermediate-Term Bond ETF in the fourth quarter worth about $31,000. N.E.W. Advisory Services LLC raised its position in 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 buying an additional 245 shares during the last quarter. Finally, Laurel Wealth Advisors LLC purchased a new position in shares of Vanguard Intermediate-Term Bond ETF during the fourth quarter worth $41,000.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of BIV stock opened at $76.31 on Thursday. Vanguard Intermediate-Term Bond ETF has a 52-week low of $75.63 and a 52-week high of $79.08. The business has a 50-day simple moving average of $76.62 and a 200-day simple moving average of $77.37.

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.