Frank Rimerman Advisors LLC Decreases Holdings in Vanguard Intermediate-Term Bond ETF $BIV

Frank Rimerman Advisors LLC decreased its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 42.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,415 shares of the company’s stock after selling 6,964 shares during the quarter. Frank Rimerman Advisors LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $727,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Covenant Asset Management LLC acquired a new stake in Vanguard Intermediate-Term Bond ETF during the 4th quarter worth $1,177,000. Clarity Wealth Advisors LLC raised its position in shares of Vanguard Intermediate-Term Bond ETF by 18.4% in the fourth quarter. Clarity Wealth Advisors LLC now owns 135,024 shares of the company’s stock valued at $10,516,000 after buying an additional 21,013 shares during the last quarter. Fonville Wealth Management LLC raised its position in shares of Vanguard Intermediate-Term Bond ETF by 34.8% in the fourth quarter. Fonville Wealth Management LLC now owns 177,008 shares of the company’s stock valued at $13,785,000 after buying an additional 45,702 shares during the last quarter. Asset Allocation & Management Company LLC purchased a new position in shares of Vanguard Intermediate-Term Bond ETF in the fourth quarter worth about $1,150,000. Finally, Betterment LLC lifted its stake in shares of Vanguard Intermediate-Term Bond ETF by 7.2% in the third quarter. Betterment LLC now owns 282,041 shares of the company’s stock worth $22,025,000 after buying an additional 19,017 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

BIV opened at $76.08 on Friday. Vanguard Intermediate-Term Bond ETF has a twelve month low of $75.63 and a twelve month high of $79.08. The firm’s 50-day moving average price is $76.49 and its 200 day moving average price is $77.30.

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.