Evergreen Wealth Management LLC Sells 9,496 Shares of Vanguard Intermediate-Term Bond ETF $BIV

Evergreen Wealth Management LLC reduced its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 10.8% during the third quarter, HoldingsChannel reports. The firm owned 78,064 shares of the company’s stock after selling 9,496 shares during the period. Vanguard Intermediate-Term Bond ETF comprises about 3.2% of Evergreen Wealth Management LLC’s portfolio, making the stock its 12th biggest holding. Evergreen Wealth Management LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $6,096,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Evolution Wealth Management Inc. bought a new position in shares of Vanguard Intermediate-Term Bond ETF in the 2nd quarter worth $26,000. Blue Trust Inc. increased its stake in Vanguard Intermediate-Term Bond ETF by 85.5% in the third quarter. Blue Trust Inc. now owns 371 shares of the company’s stock valued at $29,000 after acquiring an additional 171 shares during the last quarter. First Community Trust NA bought a new position in Vanguard Intermediate-Term Bond ETF in the third quarter valued at $30,000. ORG Partners LLC raised its position in Vanguard Intermediate-Term Bond ETF by 177.8% during the second quarter. ORG Partners LLC now owns 400 shares of the company’s stock valued at $31,000 after purchasing an additional 256 shares in the last quarter. Finally, Alpine Bank Wealth Management bought a new stake in Vanguard Intermediate-Term Bond ETF during the third quarter worth about $33,000.

Vanguard Intermediate-Term Bond ETF Trading Up 0.1%

BIV opened at $77.89 on Tuesday. The stock has a 50-day moving average price of $78.05 and a 200-day moving average price of $77.88. Vanguard Intermediate-Term Bond ETF has a 12-month low of $74.44 and a 12-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). 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.