Vanguard Intermediate-Term Bond ETF $BIV Shares Sold by First National Bank & Trust Co. of Newtown

First National Bank & Trust Co. of Newtown lowered its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 7.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 269,289 shares of the company’s stock after selling 22,760 shares during the quarter. Vanguard Intermediate-Term Bond ETF accounts for about 4.2% of First National Bank & Trust Co. of Newtown’s portfolio, making the stock its 6th largest position. First National Bank & Trust Co. of Newtown owned 0.07% of Vanguard Intermediate-Term Bond ETF worth $20,342,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of BIV. EP Wealth Advisors LLC purchased a new stake in Vanguard Intermediate-Term Bond ETF during the 4th quarter worth about $672,555,000. Fifth Third Bancorp increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 1,077.4% during the first quarter. Fifth Third Bancorp now owns 1,496,862 shares of the company’s stock worth $115,528,000 after buying an additional 1,369,725 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in Vanguard Intermediate-Term Bond ETF by 13.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 11,227,638 shares of the company’s stock valued at $874,408,000 after acquiring an additional 1,315,707 shares in the last quarter. Wells Fargo & Company MN raised its holdings in Vanguard Intermediate-Term Bond ETF by 5.1% in the fourth quarter. Wells Fargo & Company MN now owns 25,526,720 shares of the company’s stock valued at $1,988,021,000 after acquiring an additional 1,249,895 shares in the last quarter. Finally, Morgan Stanley lifted its stake in Vanguard Intermediate-Term Bond ETF by 11.8% in the fourth quarter. Morgan Stanley now owns 7,471,592 shares of the company’s stock worth $581,888,000 after acquiring an additional 790,288 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

NYSEARCA BIV opened at $75.60 on Monday. Vanguard Intermediate-Term Bond ETF has a 52 week low of $75.31 and a 52 week high of $79.08. The firm has a 50 day moving average of $76.07 and a two-hundred day moving average of $76.90.

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.