Financial Connections Group Inc. Sells 4,650 Shares of Vanguard Intermediate-Term Bond ETF $BIV

Financial Connections Group Inc. lowered its holdings in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 87.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 693 shares of the company’s stock after selling 4,650 shares during the period. Financial Connections Group Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $53,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Professional Financial Advisors LLC lifted its stake in shares of Vanguard Intermediate-Term Bond ETF by 3.9% in the first quarter. Professional Financial Advisors LLC now owns 3,511 shares of the company’s stock worth $269,000 after buying an additional 133 shares in the last quarter. First Citizens Financial Corp lifted its stake in shares of Vanguard Intermediate-Term Bond ETF by 1.6% in the second quarter. First Citizens Financial Corp now owns 8,386 shares of the company’s stock worth $649,000 after buying an additional 136 shares in the last quarter. Spring Capital Management LLC lifted its stake in shares of Vanguard Intermediate-Term Bond ETF by 0.9% in the second quarter. Spring Capital Management LLC now owns 16,370 shares of the company’s stock worth $1,266,000 after buying an additional 152 shares in the last quarter. Southland Equity Partners LLC lifted its stake in shares of Vanguard Intermediate-Term Bond ETF by 2.2% in the second quarter. Southland Equity Partners LLC now owns 7,087 shares of the company’s stock worth $548,000 after buying an additional 154 shares in the last quarter. Finally, Verdence Capital Advisors LLC lifted its stake in shares of Vanguard Intermediate-Term Bond ETF by 2.0% in the first quarter. Verdence Capital Advisors LLC now owns 8,506 shares of the company’s stock worth $651,000 after buying an additional 166 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Trading Up 0.4%

Shares of NYSEARCA BIV opened at $78.23 on Friday. The firm’s 50 day moving average price is $77.86 and its 200-day moving average price is $76.83. Vanguard Intermediate-Term Bond ETF has a 52-week low of $73.72 and a 52-week high of $78.79.

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).