HighTower Advisors LLC Sells 11,765 Shares of Vanguard Intermediate-Term Bond ETF $BIV

HighTower Advisors LLC lessened its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 2.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 491,376 shares of the company’s stock after selling 11,765 shares during the quarter. HighTower Advisors LLC owned approximately 0.14% of Vanguard Intermediate-Term Bond ETF worth $38,268,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of BIV. Clarity Wealth Advisors LLC lifted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 18.4% during the fourth quarter. Clarity Wealth Advisors LLC now owns 135,024 shares of the company’s stock worth $10,516,000 after purchasing an additional 21,013 shares during the period. Covenant Asset Management LLC acquired a new position in shares of Vanguard Intermediate-Term Bond ETF during the fourth quarter worth $1,177,000. Fonville Wealth Management LLC lifted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 34.8% during the fourth quarter. Fonville Wealth Management LLC now owns 177,008 shares of the company’s stock worth $13,785,000 after purchasing an additional 45,702 shares during the period. Betterment LLC lifted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 7.2% during the third quarter. Betterment LLC now owns 282,041 shares of the company’s stock worth $22,025,000 after purchasing an additional 19,017 shares during the period. Finally, Asset Allocation & Management Company LLC acquired a new position in shares of Vanguard Intermediate-Term Bond ETF during the fourth quarter worth $1,150,000.

Vanguard Intermediate-Term Bond ETF Trading Up 0.0%

Shares of NYSEARCA:BIV opened at $76.23 on Friday. Vanguard Intermediate-Term Bond ETF has a 52 week low of $75.28 and a 52 week high of $79.08. The firm’s fifty day moving average is $77.01 and its 200-day moving average is $77.71.

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). 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.