Comerica Bank Sells 153,498 Shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Comerica Bank lowered its holdings in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 14.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 909,989 shares of the company’s stock after selling 153,498 shares during the quarter. Comerica Bank owned about 0.45% of Vanguard Intermediate-Term Bond ETF worth $69,505,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Sugarloaf Wealth Management LLC acquired a new position in Vanguard Intermediate-Term Bond ETF in the 4th quarter valued at $25,000. CVA Family Office LLC acquired a new position in Vanguard Intermediate-Term Bond ETF in the 4th quarter valued at $36,000. Financial Connections Group Inc. acquired a new position in Vanguard Intermediate-Term Bond ETF in the 4th quarter valued at $38,000. Delta Asset Management LLC TN acquired a new position in Vanguard Intermediate-Term Bond ETF in the 4th quarter valued at $49,000. Finally, Financial Gravity Asset Management Inc. grew its position in Vanguard Intermediate-Term Bond ETF by 949.3% in the 3rd quarter. Financial Gravity Asset Management Inc. now owns 787 shares of the company’s stock worth $56,000 after purchasing an additional 712 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

NYSEARCA BIV traded up $0.37 during midday trading on Wednesday, hitting $74.95. The company had a trading volume of 694,316 shares, compared to its average volume of 1,165,587. The firm has a fifty day simple moving average of $74.09 and a two-hundred day simple moving average of $74.92. Vanguard Intermediate-Term Bond ETF has a fifty-two week low of $70.43 and a fifty-two week high of $76.76.

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).