Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) Stake Lessened by Fermata Advisors LLC

Fermata Advisors LLC cut its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 10.2% in the 3rd quarter, HoldingsChannel reports. The fund owned 3,033 shares of the company’s stock after selling 346 shares during the period. Fermata Advisors LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $238,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in BIV. Williams Financial LLC boosted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 6,178.1% in the second quarter. Williams Financial LLC now owns 18,233,473 shares of the company’s stock valued at $1,355,019,000 after acquiring an additional 17,943,042 shares in the last quarter. Retirement Investment Advisors Inc. acquired a new stake in Vanguard Intermediate-Term Bond ETF during the second quarter valued at approximately $95,804,000. Northwestern Mutual Wealth Management Co. lifted its stake in Vanguard Intermediate-Term Bond ETF by 12.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 7,038,111 shares of the company’s stock valued at $527,153,000 after purchasing an additional 770,007 shares during the last quarter. True Link Financial Advisors LLC lifted its stake in Vanguard Intermediate-Term Bond ETF by 35.9% during the first quarter. True Link Financial Advisors LLC now owns 2,699,290 shares of the company’s stock valued at $203,526,000 after purchasing an additional 713,168 shares during the last quarter. Finally, EP Wealth Advisors LLC lifted its stake in Vanguard Intermediate-Term Bond ETF by 37.0% during the second quarter. EP Wealth Advisors LLC now owns 2,193,072 shares of the company’s stock valued at $164,239,000 after purchasing an additional 592,113 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

BIV stock opened at $76.93 on Friday. Vanguard Intermediate-Term Bond ETF has a 12 month low of $70.43 and a 12 month high of $78.89. The firm has a 50 day simple moving average of $77.84 and a 200 day simple moving average of $75.79.

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).