Vanguard Intermediate-Term Bond ETF $BIV Shares Sold by Francis Financial Inc.

Francis Financial Inc. lowered its position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 2.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 595,914 shares of the company’s stock after selling 12,348 shares during the quarter. Vanguard Intermediate-Term Bond ETF comprises about 9.1% of Francis Financial Inc.’s portfolio, making the stock its 2nd largest position. Francis Financial Inc. owned about 0.17% of Vanguard Intermediate-Term Bond ETF worth $46,410,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Kelleher Financial Advisors acquired a new stake in Vanguard Intermediate-Term Bond ETF during the 3rd quarter worth about $30,000. Texas Capital Bancshares Inc TX acquired a new stake in Vanguard Intermediate-Term Bond ETF during the 3rd quarter worth about $31,000. N.E.W. Advisory Services LLC lifted its position in Vanguard Intermediate-Term Bond ETF by 96.1% during the 4th quarter. N.E.W. Advisory Services LLC now owns 500 shares of the company’s stock worth $39,000 after acquiring an additional 245 shares during the period. Laurel Wealth Advisors LLC acquired a new stake in Vanguard Intermediate-Term Bond ETF during the 4th quarter worth about $41,000. Finally, Global Trust Asset Management LLC acquired a new stake in Vanguard Intermediate-Term Bond ETF during the 4th quarter worth about $45,000.

Vanguard Intermediate-Term Bond ETF Stock Down 0.5%

Shares of BIV opened at $76.05 on Friday. The stock has a 50-day moving average of $76.85 and a two-hundred day moving average of $77.60. Vanguard Intermediate-Term Bond ETF has a one year low of $75.63 and a one year high of $79.08.

About Vanguard Intermediate-Term Bond ETF

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.