Vanguard Intermediate-Term Bond ETF $BIV Stock Sold by Kuhn & Co Investment Counsel

Kuhn & Co Investment Counsel reduced its position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 35.1% during the third quarter, Holdings Channel.com reports. The fund owned 23,881 shares of the company’s stock after selling 12,917 shares during the quarter. Vanguard Intermediate-Term Bond ETF accounts for approximately 1.0% of Kuhn & Co Investment Counsel’s investment portfolio, making the stock its 25th largest position. Kuhn & Co Investment Counsel’s holdings in Vanguard Intermediate-Term Bond ETF were worth $1,740,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of BIV. Johnson Financial Group Inc. bought a new stake in Vanguard Intermediate-Term Bond ETF in the first quarter worth about $28,000. Brown Lisle Cummings Inc. bought a new position in shares of Vanguard Intermediate-Term Bond ETF during the 2nd quarter valued at about $31,000. Darwin Wealth Management LLC bought a new position in shares of Vanguard Intermediate-Term Bond ETF during the 1st quarter valued at about $36,000. Hollencrest Capital Management acquired a new position in shares of Vanguard Intermediate-Term Bond ETF in the 1st quarter worth approximately $37,000. Finally, GK Wealth Management LLC acquired a new position in shares of Vanguard Intermediate-Term Bond ETF in the 3rd quarter worth approximately $40,000.

Vanguard Intermediate-Term Bond ETF Trading Down 0.4%

NYSEARCA BIV opened at $74.11 on Tuesday. The company’s 50 day simple moving average is $73.93 and its 200 day simple moving average is $76.16. Vanguard Intermediate-Term Bond ETF has a 12 month low of $72.31 and a 12 month high of $79.08.

Vanguard Intermediate-Term Bond ETF 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). The Index includes all medium and larger issues of the United States Government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities between 5 and 10 years and are publicly issued.