Fifth Third Bancorp Lowers Stock Holdings in Vanguard Intermediate-Term Bond ETF $BIV

Fifth Third Bancorp reduced its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 1.7% during the second quarter, Holdings Channel.com reports. The fund owned 1,471,769 shares of the company’s stock after selling 25,093 shares during the quarter. Fifth Third Bancorp’s holdings in Vanguard Intermediate-Term Bond ETF were worth $112,885,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. Midwest Trust Co boosted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 23.4% in the second quarter. Midwest Trust Co now owns 523,378 shares of the company’s stock valued at $40,143,000 after purchasing an additional 99,081 shares during the period. Joel Isaacson & Co. LLC increased its holdings in Vanguard Intermediate-Term Bond ETF by 5.1% during the 2nd quarter. Joel Isaacson & Co. LLC now owns 125,024 shares of the company’s stock worth $9,589,000 after purchasing an additional 6,049 shares during the period. Windward Private Wealth Management Inc. increased its holdings in Vanguard Intermediate-Term Bond ETF by 2.1% during the 2nd quarter. Windward Private Wealth Management Inc. now owns 334,344 shares of the company’s stock worth $25,644,000 after purchasing an additional 6,927 shares during the period. Eagle Bay Advisors LLC raised its position in Vanguard Intermediate-Term Bond ETF by 2.1% during the 2nd quarter. Eagle Bay Advisors LLC now owns 7,646 shares of the company’s stock valued at $586,000 after purchasing an additional 158 shares in the last quarter. Finally, Ascent Group LLC raised its position in Vanguard Intermediate-Term Bond ETF by 94.9% during the 2nd quarter. Ascent Group LLC now owns 31,998 shares of the company’s stock valued at $2,454,000 after purchasing an additional 15,577 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Trading Down 0.2%

Shares of BIV stock opened at $75.60 on Friday. Vanguard Intermediate-Term Bond ETF has a twelve month low of $75.31 and a twelve month high of $79.08. The stock has a fifty day simple moving average of $76.07 and a two-hundred day simple moving average of $76.91.

Vanguard Intermediate-Term Bond ETF 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.