Beacon Capital Management Inc. Has $79.22 Million Holdings in Vanguard Intermediate-Term Bond ETF $BIV

Beacon Capital Management Inc. trimmed its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 24.6% in the third quarter, Holdings Channel.com reports. The firm owned 1,014,413 shares of the company’s stock after selling 331,130 shares during the quarter. Vanguard Intermediate-Term Bond ETF comprises 3.8% of Beacon Capital Management Inc.’s portfolio, making the stock its 15th largest holding. Beacon Capital Management Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $79,216,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in the stock. Invesco Ltd. grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 1.6% during the 1st quarter. Invesco Ltd. now owns 11,303 shares of the company’s stock valued at $865,000 after acquiring an additional 177 shares in the last quarter. Ieq Capital LLC raised its holdings in shares of Vanguard Intermediate-Term Bond ETF by 3.5% during the first quarter. Ieq Capital LLC now owns 29,470 shares of the company’s stock worth $2,257,000 after acquiring an additional 1,010 shares in the last quarter. WPG Advisers LLC acquired a new stake in Vanguard Intermediate-Term Bond ETF during the first quarter valued at $704,000. Tumwater Wealth Management LLC grew its stake in Vanguard Intermediate-Term Bond ETF by 4.6% in the first quarter. Tumwater Wealth Management LLC now owns 184,162 shares of the company’s stock valued at $14,101,000 after purchasing an additional 8,145 shares in the last quarter. Finally, Baird Financial Group Inc. grew its stake in Vanguard Intermediate-Term Bond ETF by 5.4% in the first quarter. Baird Financial Group Inc. now owns 3,375,737 shares of the company’s stock valued at $258,480,000 after purchasing an additional 173,957 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Up 0.1%

BIV opened at $78.05 on Friday. Vanguard Intermediate-Term Bond ETF has a fifty-two week low of $73.72 and a fifty-two week high of $78.91. The business has a 50-day moving average of $78.22 and a 200-day moving average of $77.68.

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.