Sterling Investment Management LLC Has $3.06 Million Stock Position in Vanguard Intermediate-Term Bond ETF $BIV

Sterling Investment Management LLC lowered its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 2.2% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 39,546 shares of the company’s stock after selling 903 shares during the quarter. Vanguard Intermediate-Term Bond ETF accounts for about 2.0% of Sterling Investment Management LLC’s investment portfolio, making the stock its 17th largest position. Sterling Investment Management LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $3,058,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Brookstone Capital Management grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 9.6% during the 2nd quarter. Brookstone Capital Management now owns 148,092 shares of the company’s stock worth $11,453,000 after purchasing an additional 12,952 shares in the last quarter. Retirement Planning Group LLC grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 4.1% during the 2nd quarter. Retirement Planning Group LLC now owns 120,005 shares of the company’s stock worth $9,281,000 after purchasing an additional 4,760 shares in the last quarter. D.A. Davidson & CO. grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 6.1% during the 2nd quarter. D.A. Davidson & CO. now owns 76,723 shares of the company’s stock worth $5,934,000 after purchasing an additional 4,399 shares in the last quarter. Triton Financial Group Inc acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF during the 2nd quarter worth approximately $544,000. Finally, VCI Wealth Management LLC grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 13.0% during the 2nd quarter. VCI Wealth Management LLC now owns 97,649 shares of the company’s stock worth $7,552,000 after purchasing an additional 11,196 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of NYSEARCA:BIV opened at $78.83 on Wednesday. Vanguard Intermediate-Term Bond ETF has a 1-year low of $73.72 and a 1-year high of $78.91. The business’s 50 day moving average is $78.03 and its 200-day moving average is $76.94.

About Vanguard Intermediate-Term Bond ETF

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).