D.A. Davidson & CO. Decreases Stock Holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

D.A. Davidson & CO. lessened its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 1.0% during the second quarter, HoldingsChannel.com reports. The fund owned 55,710 shares of the company’s stock after selling 560 shares during the quarter. D.A. Davidson & CO.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $4,172,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in BIV. Salomon & Ludwin LLC bought a new position in Vanguard Intermediate-Term Bond ETF in the first quarter valued at about $25,000. FAS Wealth Partners Inc. bought a new position in shares of Vanguard Intermediate-Term Bond ETF in the 2nd quarter worth approximately $28,000. Financial Connections Group Inc. purchased a new position in shares of Vanguard Intermediate-Term Bond ETF in the second quarter worth approximately $38,000. United Advisor Group LLC purchased a new position in shares of Vanguard Intermediate-Term Bond ETF in the fourth quarter worth approximately $40,000. Finally, American National Bank grew its position in Vanguard Intermediate-Term Bond ETF by 616.0% during the first quarter. American National Bank now owns 537 shares of the company’s stock valued at $40,000 after buying an additional 462 shares during the period.

Vanguard Intermediate-Term Bond ETF Trading Up 0.1 %

BIV opened at $77.59 on Wednesday. The firm’s 50 day simple moving average is $76.42 and its two-hundred day simple moving average is $75.21. Vanguard Intermediate-Term Bond ETF has a 1-year low of $70.43 and a 1-year high of $78.04.

About Vanguard Intermediate-Term Bond ETF

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).