Diversified Portfolios Inc. Sells 105,683 Shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Diversified Portfolios Inc. lessened its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 43.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 136,427 shares of the company’s stock after selling 105,683 shares during the quarter. Vanguard Intermediate-Term Bond ETF accounts for approximately 1.2% of Diversified Portfolios Inc.’s holdings, making the stock its 24th biggest holding. Diversified Portfolios Inc. owned approximately 0.06% of Vanguard Intermediate-Term Bond ETF worth $10,692,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Dopkins Wealth Management LLC bought a new stake in Vanguard Intermediate-Term Bond ETF during the third quarter worth about $232,000. BCM Advisors LLC boosted its stake in Vanguard Intermediate-Term Bond ETF by 1.4% in the third quarter. BCM Advisors LLC now owns 790,476 shares of the company’s stock worth $59,847,000 after purchasing an additional 10,902 shares in the last quarter. Kovack Advisors Inc. grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 24.2% during the third quarter. Kovack Advisors Inc. now owns 11,027 shares of the company’s stock worth $864,000 after purchasing an additional 2,150 shares during the last quarter. Cornerstone Planning Group LLC raised its holdings in shares of Vanguard Intermediate-Term Bond ETF by 7.1% in the third quarter. Cornerstone Planning Group LLC now owns 195,289 shares of the company’s stock valued at $14,873,000 after buying an additional 12,890 shares during the last quarter. Finally, Pinnacle Financial Partners Inc grew its holdings in Vanguard Intermediate-Term Bond ETF by 2.9% during the 3rd quarter. Pinnacle Financial Partners Inc now owns 74,722 shares of the company’s stock worth $5,856,000 after acquiring an additional 2,083 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of BIV stock traded up $0.13 during trading hours on Thursday, reaching $75.37. 576,592 shares of the company were exchanged, compared to its average volume of 1,139,734. Vanguard Intermediate-Term Bond ETF has a fifty-two week low of $72.69 and a fifty-two week high of $78.89. The stock’s fifty day moving average is $77.21 and its two-hundred day moving average is $76.15.

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).