Exchange Traded Concepts LLC Trims Stock Holdings in Vanguard Intermediate-Term Bond ETF $BIV

Exchange Traded Concepts LLC cut its holdings in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 24.6% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 97,330 shares of the company’s stock after selling 31,838 shares during the quarter. Exchange Traded Concepts LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $7,600,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Evolution Wealth Management Inc. acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF during the second quarter worth approximately $26,000. First Community Trust NA acquired a new position in Vanguard Intermediate-Term Bond ETF during the 3rd quarter worth $30,000. ORG Partners LLC grew its holdings in Vanguard Intermediate-Term Bond ETF by 177.8% during the 2nd quarter. ORG Partners LLC now owns 400 shares of the company’s stock worth $31,000 after acquiring an additional 256 shares in the last quarter. CNB Bank bought a new stake in shares of Vanguard Intermediate-Term Bond ETF in the 2nd quarter worth about $45,000. Finally, Trust Co. of Toledo NA OH acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF in the 2nd quarter valued at about $70,000.

Vanguard Intermediate-Term Bond ETF Stock Down 0.1%

Shares of BIV stock opened at $77.77 on Wednesday. Vanguard Intermediate-Term Bond ETF has a one year low of $73.72 and a one year high of $78.91. The company’s 50-day simple moving average is $78.25 and its 200-day simple moving average is $77.66.

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). 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.