Vanguard Intermediate-Term Bond ETF $BIV Position Reduced by Kropog Financial Group LLC

Kropog Financial Group LLC lessened its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 6.3% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 313,741 shares of the company’s stock after selling 21,258 shares during the period. Vanguard Intermediate-Term Bond ETF comprises approximately 19.7% of Kropog Financial Group LLC’s investment portfolio, making the stock its 2nd biggest holding. Kropog Financial Group LLC owned approximately 0.09% of Vanguard Intermediate-Term Bond ETF worth $24,215,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. EP Wealth Advisors LLC bought a new stake in shares of Vanguard Intermediate-Term Bond ETF in the 4th quarter valued at about $672,555,000. Northwestern Mutual Wealth Management Co. boosted its position in shares of Vanguard Intermediate-Term Bond ETF by 13.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 11,227,638 shares of the company’s stock worth $874,408,000 after purchasing an additional 1,315,707 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in Vanguard Intermediate-Term Bond ETF by 5.1% in the fourth quarter. Wells Fargo & Company MN now owns 25,526,720 shares of the company’s stock worth $1,988,021,000 after acquiring an additional 1,249,895 shares in the last quarter. Morgan Stanley increased its holdings in shares of Vanguard Intermediate-Term Bond ETF by 11.8% during the fourth quarter. Morgan Stanley now owns 7,471,592 shares of the company’s stock valued at $581,888,000 after acquiring an additional 790,288 shares in the last quarter. Finally, Cornerstone Planning Group LLC raised its position in shares of Vanguard Intermediate-Term Bond ETF by 680,593.6% in the 4th quarter. Cornerstone Planning Group LLC now owns 530,941 shares of the company’s stock valued at $41,313,000 after purchasing an additional 530,863 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Trading Down 0.5%

BIV stock opened at $76.31 on Thursday. The firm has a 50 day moving average of $76.62 and a 200 day moving average of $77.37. Vanguard Intermediate-Term Bond ETF has a 52 week low of $75.63 and a 52 week high of $79.08.

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.