Fmr LLC Sells 169,121 Shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Fmr LLC trimmed its position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 9.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,690,417 shares of the company’s stock after selling 169,121 shares during the quarter. Fmr LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $126,325,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in BIV. Flagship Wealth Advisors LLC bought a new position in Vanguard Intermediate-Term Bond ETF in the 4th quarter valued at approximately $25,000. Montag A & Associates Inc. lifted its stake in shares of Vanguard Intermediate-Term Bond ETF by 112.9% in the 4th quarter. Montag A & Associates Inc. now owns 379 shares of the company’s stock valued at $28,000 after acquiring an additional 201 shares during the last quarter. Newbridge Financial Services Group Inc. acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF during the 4th quarter valued at $45,000. Financial Connections Group Inc. grew its position in Vanguard Intermediate-Term Bond ETF by 32.0% during the 4th quarter. Financial Connections Group Inc. now owns 681 shares of the company’s stock worth $50,000 after acquiring an additional 165 shares during the last quarter. Finally, Hurley Capital LLC acquired a new position in Vanguard Intermediate-Term Bond ETF in the 4th quarter worth about $55,000.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of BIV stock opened at $75.55 on Tuesday. The business’s 50-day moving average price is $75.91 and its 200-day moving average price is $75.76. Vanguard Intermediate-Term Bond ETF has a 12 month low of $72.95 and a 12 month high of $78.89.

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).