Citigroup Inc. Has $12.07 Million Position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Citigroup Inc. cut its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 1.6% during the third quarter, HoldingsChannel reports. The fund owned 153,994 shares of the company’s stock after selling 2,517 shares during the quarter. Citigroup Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $12,069,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of BIV. Smithfield Trust Co grew its position in Vanguard Intermediate-Term Bond ETF by 7.2% in the third quarter. Smithfield Trust Co now owns 251,981 shares of the company’s stock worth $19,745,000 after acquiring an additional 16,827 shares in the last quarter. LPL Financial LLC boosted its holdings in Vanguard Intermediate-Term Bond ETF by 3.7% in the third quarter. LPL Financial LLC now owns 3,868,222 shares of the company’s stock worth $303,153,000 after purchasing an additional 139,780 shares in the last quarter. Trustmark National Bank Trust Department raised its holdings in Vanguard Intermediate-Term Bond ETF by 75.8% during the third quarter. Trustmark National Bank Trust Department now owns 5,800 shares of the company’s stock valued at $455,000 after buying an additional 2,500 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of Vanguard Intermediate-Term Bond ETF by 2.4% in the third quarter. EverSource Wealth Advisors LLC now owns 98,463 shares of the company’s stock worth $7,717,000 after buying an additional 2,331 shares during the last quarter. Finally, Silver Oak Advisory Group Inc. boosted its stake in shares of Vanguard Intermediate-Term Bond ETF by 6.0% during the 3rd quarter. Silver Oak Advisory Group Inc. now owns 72,161 shares of the company’s stock worth $5,655,000 after acquiring an additional 4,058 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of BIV stock opened at $76.21 on Friday. The stock’s 50 day simple moving average is $76.57 and its 200 day simple moving average is $76.27. Vanguard Intermediate-Term Bond ETF has a twelve month low of $72.95 and a twelve month high of $78.89.

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).