Vanguard Intermediate-Term Bond ETF $BIV Shares Sold by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC decreased its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 32.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,883 shares of the company’s stock after selling 2,314 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $378,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Capital Investment Advisory Services LLC grew its position in shares of Vanguard Intermediate-Term Bond ETF by 265.4% in the first quarter. Capital Investment Advisory Services LLC now owns 380 shares of the company’s stock valued at $29,000 after purchasing an additional 276 shares during the period. ORG Partners LLC grew its position in shares of Vanguard Intermediate-Term Bond ETF by 177.8% in the second quarter. ORG Partners LLC now owns 400 shares of the company’s stock valued at $31,000 after purchasing an additional 256 shares during the period. McClarren Financial Advisors Inc. acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF in the first quarter valued at about $37,000. N.E.W. Advisory Services LLC acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF in the first quarter valued at about $38,000. Finally, New Republic Capital LLC acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF in the first quarter valued at about $50,000.

Vanguard Intermediate-Term Bond ETF Trading Up 0.1%

Shares of NYSEARCA BIV opened at $78.83 on Wednesday. The company’s 50-day simple moving average is $78.03 and its 200-day simple moving average is $76.94. Vanguard Intermediate-Term Bond ETF has a 52-week low of $73.72 and a 52-week high of $78.91.

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).