Vanguard Intermediate-Term Bond ETF $BIV Position Lessened by Beacon Capital Management Inc.

Beacon Capital Management Inc. lowered its position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 77.7% during the second quarter, Holdings Channel reports. The fund owned 1,345,543 shares of the company’s stock after selling 4,677,402 shares during the quarter. Vanguard Intermediate-Term Bond ETF makes up approximately 5.4% of Beacon Capital Management Inc.’s investment portfolio, making the stock its 9th biggest position. Beacon Capital Management Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $104,064,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. IFG Advisory LLC lifted its stake in shares of Vanguard Intermediate-Term Bond ETF by 3.2% during the 2nd quarter. IFG Advisory LLC now owns 4,183 shares of the company’s stock worth $324,000 after purchasing an additional 130 shares during the period. United Advisor Group LLC lifted its position in Vanguard Intermediate-Term Bond ETF by 5.0% during the second quarter. United Advisor Group LLC now owns 2,747 shares of the company’s stock worth $212,000 after buying an additional 131 shares during the period. Partners in Financial Planning boosted its stake in Vanguard Intermediate-Term Bond ETF by 0.7% in the 2nd quarter. Partners in Financial Planning now owns 17,947 shares of the company’s stock worth $1,388,000 after buying an additional 133 shares during the last quarter. First Citizens Financial Corp boosted its stake in Vanguard Intermediate-Term Bond ETF by 1.6% in the 2nd quarter. First Citizens Financial Corp now owns 8,386 shares of the company’s stock worth $649,000 after buying an additional 136 shares during the last quarter. Finally, AE Wealth Management LLC grew its holdings in Vanguard Intermediate-Term Bond ETF by 0.6% in the 2nd quarter. AE Wealth Management LLC now owns 25,890 shares of the company’s stock valued at $2,002,000 after buying an additional 148 shares during the period.

Vanguard Intermediate-Term Bond ETF Stock Down 0.2%

NYSEARCA BIV opened at $77.87 on Monday. Vanguard Intermediate-Term Bond ETF has a 12 month low of $73.72 and a 12 month high of $78.91. The company has a 50-day moving average of $78.28 and a 200-day moving average of $77.57.

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).