BLB&B Advisors LLC Decreases Stock Position in Vanguard Intermediate-Term Bond ETF $BIV

BLB&B Advisors LLC cut its position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 20.5% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 28,327 shares of the company’s stock after selling 7,319 shares during the period. BLB&B Advisors LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $2,212,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. American Trust bought a new stake in Vanguard Intermediate-Term Bond ETF in the 2nd quarter valued at about $82,058,000. EP Wealth Advisors LLC lifted its position in shares of Vanguard Intermediate-Term Bond ETF by 12.6% during the second quarter. EP Wealth Advisors LLC now owns 6,071,963 shares of the company’s stock worth $469,606,000 after acquiring an additional 677,443 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 2.6% in the second quarter. Envestnet Asset Management Inc. now owns 18,569,598 shares of the company’s stock worth $1,436,171,000 after acquiring an additional 477,188 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in shares of Vanguard Intermediate-Term Bond ETF by 5.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 9,106,889 shares of the company’s stock valued at $704,327,000 after purchasing an additional 461,305 shares in the last quarter. Finally, TIAA Trust National Association raised its stake in shares of Vanguard Intermediate-Term Bond ETF by 23.4% during the 2nd quarter. TIAA Trust National Association now owns 2,372,485 shares of the company’s stock valued at $183,488,000 after purchasing an additional 450,557 shares during the period.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of BIV opened at $77.82 on Friday. Vanguard Intermediate-Term Bond ETF has a 52-week low of $74.44 and a 52-week high of $78.91. The stock’s 50-day simple moving average is $78.05 and its 200 day simple moving average is $77.87.

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.