BancFirst Trust & Investment Management Decreases Stock Position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

BancFirst Trust & Investment Management cut its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 5.5% in the first quarter, HoldingsChannel reports. The firm owned 29,326 shares of the company’s stock after selling 1,714 shares during the quarter. Vanguard Intermediate-Term Bond ETF makes up about 1.0% of BancFirst Trust & Investment Management’s investment portfolio, making the stock its 11th biggest position. BancFirst Trust & Investment Management’s holdings in Vanguard Intermediate-Term Bond ETF were worth $2,211,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of BIV. Sugarloaf Wealth Management LLC acquired a new position in shares of Vanguard Intermediate-Term Bond ETF during the 4th quarter worth about $25,000. CVA Family Office LLC acquired a new position in shares of Vanguard Intermediate-Term Bond ETF during the 4th quarter worth about $36,000. Financial Connections Group Inc. acquired a new position in shares of Vanguard Intermediate-Term Bond ETF during the 4th quarter worth about $38,000. United Advisor Group LLC acquired a new position in shares of Vanguard Intermediate-Term Bond ETF during the 4th quarter worth about $40,000. Finally, Delta Asset Management LLC TN acquired a new position in shares of Vanguard Intermediate-Term Bond ETF during the 4th quarter worth about $49,000.

Vanguard Intermediate-Term Bond ETF Trading Up 0.3 %

Shares of NYSEARCA:BIV traded up $0.25 on Tuesday, hitting $75.41. 296,289 shares of the company’s stock were exchanged, compared to its average volume of 1,151,367. The firm’s 50-day moving average is $74.14 and its 200 day moving average is $74.95. Vanguard Intermediate-Term Bond ETF has a 1-year low of $70.43 and a 1-year high of $76.76.

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).