BCM Advisors LLC Cuts Position in Vanguard Intermediate-Term Bond ETF $BIV

BCM Advisors LLC lowered its position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 4.1% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,264,392 shares of the company’s stock after selling 53,406 shares during the quarter. Vanguard Intermediate-Term Bond ETF accounts for 18.9% of BCM Advisors LLC’s holdings, making the stock its biggest position. BCM Advisors LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $96,840,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Covenant Asset Management LLC acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF in the fourth quarter valued at about $1,177,000. Clarity Wealth Advisors LLC boosted its position in Vanguard Intermediate-Term Bond ETF by 18.4% during the fourth quarter. Clarity Wealth Advisors LLC now owns 135,024 shares of the company’s stock valued at $10,516,000 after purchasing an additional 21,013 shares during the last quarter. Fonville Wealth Management LLC grew its stake in Vanguard Intermediate-Term Bond ETF by 34.8% in the fourth quarter. Fonville Wealth Management LLC now owns 177,008 shares of the company’s stock valued at $13,785,000 after purchasing an additional 45,702 shares in the last quarter. Asset Allocation & Management Company LLC bought a new position in Vanguard Intermediate-Term Bond ETF in the fourth quarter valued at approximately $1,150,000. Finally, D.A. Davidson & CO. increased its position in shares of Vanguard Intermediate-Term Bond ETF by 17.7% during the 4th quarter. D.A. Davidson & CO. now owns 97,768 shares of the company’s stock worth $7,614,000 after purchasing an additional 14,697 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Trading Down 0.1%

Shares of Vanguard Intermediate-Term Bond ETF stock opened at $76.09 on Friday. Vanguard Intermediate-Term Bond ETF has a 12-month low of $75.63 and a 12-month high of $79.08. The business’s 50 day moving average is $76.40 and its 200-day moving average is $77.23.

Vanguard Intermediate-Term Bond ETF 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.