Keudell Morrison Wealth Management Has $13.69 Million Stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Keudell Morrison Wealth Management reduced its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 19.9% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 183,132 shares of the company’s stock after selling 45,473 shares during the quarter. Vanguard Intermediate-Term Bond ETF accounts for approximately 3.6% of Keudell Morrison Wealth Management’s portfolio, making the stock its 8th largest holding. Keudell Morrison Wealth Management owned 0.08% of Vanguard Intermediate-Term Bond ETF worth $13,685,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the stock. True Link Financial Advisors LLC increased its holdings in Vanguard Intermediate-Term Bond ETF by 6.6% in the 4th quarter. True Link Financial Advisors LLC now owns 3,952,928 shares of the company’s stock worth $295,402,000 after acquiring an additional 245,701 shares during the last quarter. LPL Financial LLC increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 3.7% in the third quarter. LPL Financial LLC now owns 3,868,222 shares of the company’s stock worth $303,153,000 after purchasing an additional 139,780 shares in the last quarter. EP Wealth Advisors LLC raised its position in shares of Vanguard Intermediate-Term Bond ETF by 38.5% in the third quarter. EP Wealth Advisors LLC now owns 3,037,989 shares of the company’s stock valued at $238,087,000 after purchasing an additional 844,917 shares during the period. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Vanguard Intermediate-Term Bond ETF by 59.0% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 1,610,345 shares of the company’s stock valued at $126,203,000 after buying an additional 597,770 shares in the last quarter. Finally, Retirement Investment Advisors Inc. boosted its holdings in Vanguard Intermediate-Term Bond ETF by 7.5% in the 3rd quarter. Retirement Investment Advisors Inc. now owns 1,375,741 shares of the company’s stock worth $107,817,000 after buying an additional 96,482 shares during the period.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of BIV stock opened at $75.28 on Friday. Vanguard Intermediate-Term Bond ETF has a 1 year low of $72.95 and a 1 year high of $78.89. The company’s fifty day simple moving average is $75.18 and its two-hundred day simple moving average is $76.35.

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).