KMG Fiduciary Partners LLC Sells 639 Shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

KMG Fiduciary Partners LLC trimmed its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 1.9% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 33,350 shares of the company’s stock after selling 639 shares during the quarter. KMG Fiduciary Partners LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $2,492,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BIV. Blue Trust Inc. raised its holdings in Vanguard Intermediate-Term Bond ETF by 88.7% during the 3rd quarter. Blue Trust Inc. now owns 402 shares of the company’s stock worth $30,000 after purchasing an additional 189 shares during the last quarter. Coastline Trust Co bought a new stake in shares of Vanguard Intermediate-Term Bond ETF in the 3rd quarter valued at about $32,000. Armstrong Advisory Group Inc. increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 504.0% in the 3rd quarter. Armstrong Advisory Group Inc. now owns 610 shares of the company’s stock valued at $48,000 after acquiring an additional 509 shares during the last quarter. Sugarloaf Wealth Management LLC increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 35.3% in the 3rd quarter. Sugarloaf Wealth Management LLC now owns 1,031 shares of the company’s stock valued at $81,000 after acquiring an additional 269 shares during the last quarter. Finally, Bristlecone Advisors LLC bought a new stake in shares of Vanguard Intermediate-Term Bond ETF in the 3rd quarter valued at about $102,000.

Vanguard Intermediate-Term Bond ETF Stock Up 0.3 %

Shares of BIV stock opened at $74.73 on Friday. The stock has a 50-day moving average of $75.30 and a 200-day moving average of $76.37. Vanguard Intermediate-Term Bond ETF has a one year low of $72.95 and a one year high of $78.89.

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).