VestGen Investment Management Sells 585 Shares of Vanguard Intermediate-Term Bond ETF $BIV

VestGen Investment Management reduced its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 9.2% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 5,775 shares of the company’s stock after selling 585 shares during the quarter. VestGen Investment Management’s holdings in Vanguard Intermediate-Term Bond ETF were worth $447,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in BIV. GAMMA Investing LLC boosted its stake in shares of Vanguard Intermediate-Term Bond ETF by 43.4% in the first quarter. GAMMA Investing LLC now owns 99,433 shares of the company’s stock valued at $7,614,000 after buying an additional 30,080 shares during the period. Oppenheimer & Co. Inc. lifted its stake in Vanguard Intermediate-Term Bond ETF by 7.7% during the first quarter. Oppenheimer & Co. Inc. now owns 11,336 shares of the company’s stock worth $868,000 after purchasing an additional 809 shares during the last quarter. Bessemer Group Inc. lifted its stake in Vanguard Intermediate-Term Bond ETF by 17.7% during the first quarter. Bessemer Group Inc. now owns 54,249 shares of the company’s stock worth $4,154,000 after purchasing an additional 8,175 shares during the last quarter. Transcend Capital Advisors LLC lifted its stake in Vanguard Intermediate-Term Bond ETF by 15.2% during the first quarter. Transcend Capital Advisors LLC now owns 3,773 shares of the company’s stock worth $289,000 after purchasing an additional 497 shares during the last quarter. Finally, Parker Financial LLC lifted its stake in Vanguard Intermediate-Term Bond ETF by 6.3% during the first quarter. Parker Financial LLC now owns 88,395 shares of the company’s stock worth $6,769,000 after purchasing an additional 5,216 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

NYSEARCA BIV opened at $78.75 on Friday. The business has a fifty day moving average price of $78.12 and a two-hundred day moving average price of $76.99. Vanguard Intermediate-Term Bond ETF has a fifty-two week low of $73.72 and a fifty-two week high of $78.91.

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).