Freedom Investment Management Inc. Has $1.77 Million Stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Freedom Investment Management Inc. reduced its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 18.1% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 22,565 shares of the company’s stock after selling 4,993 shares during the quarter. Freedom Investment Management Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $1,768,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in BIV. RS Crum Inc. increased its stake in Vanguard Intermediate-Term Bond ETF by 14.1% during the third quarter. RS Crum Inc. now owns 37,497 shares of the company’s stock valued at $2,939,000 after acquiring an additional 4,620 shares during the period. Hardy Reed LLC raised its stake in shares of Vanguard Intermediate-Term Bond ETF by 146.6% in the third quarter. Hardy Reed LLC now owns 40,633 shares of the company’s stock valued at $3,184,000 after purchasing an additional 24,158 shares in the last quarter. Townsquare Capital LLC lifted its position in Vanguard Intermediate-Term Bond ETF by 15.1% in the third quarter. Townsquare Capital LLC now owns 317,858 shares of the company’s stock worth $24,911,000 after purchasing an additional 41,583 shares during the period. D.A. Davidson & CO. increased its holdings in Vanguard Intermediate-Term Bond ETF by 10.6% in the 3rd quarter. D.A. Davidson & CO. now owns 61,610 shares of the company’s stock valued at $4,828,000 after buying an additional 5,900 shares during the period. Finally, Elios Financial Group Inc. bought a new position in shares of Vanguard Intermediate-Term Bond ETF during the 3rd quarter worth about $842,000.

Vanguard Intermediate-Term Bond ETF Price Performance

NYSEARCA:BIV opened at $76.21 on Thursday. Vanguard Intermediate-Term Bond ETF has a 12-month low of $72.95 and a 12-month high of $78.89. The firm has a 50-day moving average price of $76.62 and a 200 day moving average price of $76.27.

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).