Austin Private Wealth LLC Lowers Stock Holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Austin Private Wealth LLC lessened its position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 9.4% in the fourth quarter, HoldingsChannel reports. The fund owned 399,230 shares of the company’s stock after selling 41,548 shares during the period. Vanguard Intermediate-Term Bond ETF accounts for approximately 3.9% of Austin Private Wealth LLC’s investment portfolio, making the stock its 6th largest holding. Austin Private Wealth LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $30,493,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in BIV. Moneta Group Investment Advisors LLC boosted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 100,910.0% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 6,776,763 shares of the company’s stock worth $503,649,000 after acquiring an additional 6,770,054 shares during the period. Envestnet Portfolio Solutions Inc. bought a new stake in shares of Vanguard Intermediate-Term Bond ETF during the third quarter worth approximately $156,701,000. Comerica Bank bought a new stake in shares of Vanguard Intermediate-Term Bond ETF during the third quarter worth approximately $76,901,000. Beacon Capital Management Inc. boosted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 6,807.2% during the fourth quarter. Beacon Capital Management Inc. now owns 938,961 shares of the company’s stock worth $71,718,000 after acquiring an additional 925,367 shares during the period. Finally, TIAA Trust National Association bought a new stake in shares of Vanguard Intermediate-Term Bond ETF during the third quarter worth approximately $61,661,000.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of NYSEARCA:BIV opened at $75.40 on Friday. Vanguard Intermediate-Term Bond ETF has a 12-month low of $70.43 and a 12-month high of $77.71. The business has a 50 day moving average of $75.25 and a 200-day moving average of $74.18.

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).