Patriot Financial Group Insurance Agency LLC Decreases Position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Patriot Financial Group Insurance Agency LLC trimmed its holdings in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 4.3% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 16,341 shares of the company’s stock after selling 728 shares during the period. Patriot Financial Group Insurance Agency LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $1,251,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Flagship Wealth Advisors LLC bought a new stake in shares of Vanguard Intermediate-Term Bond ETF in the 4th quarter valued at about $25,000. Montag A & Associates Inc. lifted its position in Vanguard Intermediate-Term Bond ETF by 112.9% in the fourth quarter. Montag A & Associates Inc. now owns 379 shares of the company’s stock valued at $28,000 after purchasing an additional 201 shares during the last quarter. Newbridge Financial Services Group Inc. bought a new stake in Vanguard Intermediate-Term Bond ETF in the fourth quarter valued at approximately $45,000. Financial Connections Group Inc. boosted its stake in shares of Vanguard Intermediate-Term Bond ETF by 32.0% during the fourth quarter. Financial Connections Group Inc. now owns 681 shares of the company’s stock valued at $50,000 after purchasing an additional 165 shares during the period. Finally, Park Square Financial Group LLC bought a new position in shares of Vanguard Intermediate-Term Bond ETF in the fourth quarter worth approximately $51,000.

Vanguard Intermediate-Term Bond ETF Stock Down 0.6%

Shares of NYSEARCA BIV opened at $75.67 on Monday. The firm’s fifty day moving average is $76.02 and its 200 day moving average is $75.66. Vanguard Intermediate-Term Bond ETF has a 52 week low of $73.72 and a 52 week high of $78.89.

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).