Keudell Morrison Wealth Management Sells 33,813 Shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Keudell Morrison Wealth Management cut its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 12.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 228,605 shares of the company’s stock after selling 33,813 shares during the period. Vanguard Intermediate-Term Bond ETF makes up approximately 4.9% of Keudell Morrison Wealth Management’s holdings, making the stock its 4th largest holding. Keudell Morrison Wealth Management owned about 0.10% of Vanguard Intermediate-Term Bond ETF worth $17,916,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. FAS Wealth Partners Inc. purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF in the 2nd quarter worth about $28,000. Blue Trust Inc. raised its position in Vanguard Intermediate-Term Bond ETF by 88.7% during the third quarter. Blue Trust Inc. now owns 402 shares of the company’s stock worth $30,000 after acquiring an additional 189 shares during the last quarter. Financial Connections Group Inc. purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF in the second quarter valued at about $38,000. Armstrong Advisory Group Inc. lifted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 504.0% in the third quarter. Armstrong Advisory Group Inc. now owns 610 shares of the company’s stock valued at $48,000 after purchasing an additional 509 shares in the last quarter. Finally, Sugarloaf Wealth Management LLC grew its position in shares of Vanguard Intermediate-Term Bond ETF by 40.3% in the second quarter. Sugarloaf Wealth Management LLC now owns 762 shares of the company’s stock valued at $57,000 after purchasing an additional 219 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Trading Up 0.5 %

Shares of Vanguard Intermediate-Term Bond ETF stock traded up $0.40 during trading on Thursday, hitting $75.60. 136,404 shares of the company were exchanged, compared to its average volume of 1,107,468. Vanguard Intermediate-Term Bond ETF has a fifty-two week low of $71.91 and a fifty-two week high of $78.89. The firm has a 50 day moving average price of $77.42 and a 200 day moving average price of $76.07.

Vanguard Intermediate-Term Bond ETF Company 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).