Evergreen Wealth Management LLC Reduces Stake in Vanguard Intermediate-Term Bond ETF $BIV

Evergreen Wealth Management LLC lowered its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 10.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 78,064 shares of the company’s stock after selling 9,496 shares during the quarter. Vanguard Intermediate-Term Bond ETF makes up 3.2% of Evergreen Wealth Management LLC’s investment portfolio, making the stock its 12th largest position. Evergreen Wealth Management LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $6,096,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. lifted 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 buying an additional 477,188 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in Vanguard Intermediate-Term Bond ETF by 5.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 9,106,889 shares of the company’s stock worth $704,327,000 after acquiring an additional 461,305 shares during the period. EP Wealth Advisors LLC increased its holdings in Vanguard Intermediate-Term Bond ETF by 12.6% during the 2nd 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 during the period. True Link Financial Advisors LLC lifted its stake in Vanguard Intermediate-Term Bond ETF by 3.6% in the 2nd quarter. True Link Financial Advisors LLC now owns 4,562,493 shares of the company’s stock worth $352,863,000 after purchasing an additional 159,670 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in Vanguard Intermediate-Term Bond ETF by 1.2% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,977,300 shares of the company’s stock valued at $307,552,000 after purchasing an additional 46,420 shares during the period.

Vanguard Intermediate-Term Bond ETF Stock Performance

BIV opened at $77.89 on Tuesday. Vanguard Intermediate-Term Bond ETF has a one year low of $74.44 and a one year high of $78.91. The company has a fifty day moving average price of $78.05 and a 200-day moving average price of $77.88.

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.