Smithfield Trust Co Cuts Position in Vanguard Intermediate-Term Bond ETF $BIV

Smithfield Trust Co decreased its position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 5.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 218,929 shares of the company’s stock after selling 11,751 shares during the quarter. Vanguard Intermediate-Term Bond ETF accounts for about 0.8% of Smithfield Trust Co’s holdings, making the stock its 26th biggest holding. Smithfield Trust Co’s holdings in Vanguard Intermediate-Term Bond ETF were worth $16,932,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. ORG Partners LLC lifted its position in shares of Vanguard Intermediate-Term Bond ETF by 177.8% during the 2nd quarter. ORG Partners LLC now owns 400 shares of the company’s stock worth $31,000 after purchasing an additional 256 shares during the last quarter. McClarren Financial Advisors Inc. purchased a new position in Vanguard Intermediate-Term Bond ETF during the 1st quarter worth $37,000. N.E.W. Advisory Services LLC purchased a new position in shares of Vanguard Intermediate-Term Bond ETF during the first quarter worth about $38,000. CNB Bank acquired a new position in Vanguard Intermediate-Term Bond ETF in the 2nd quarter valued at about $45,000. Finally, New Republic Capital LLC purchased a new stake in Vanguard Intermediate-Term Bond ETF during the 1st quarter valued at approximately $50,000.

Vanguard Intermediate-Term Bond ETF Stock Down 0.1%

Vanguard Intermediate-Term Bond ETF stock opened at $78.22 on Thursday. The stock has a 50 day moving average of $78.29 and a two-hundred day moving average of $77.22. Vanguard Intermediate-Term Bond ETF has a twelve month low of $73.72 and a twelve month high of $78.91.

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).