KPP Advisory Services LLC Lowers Position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

KPP Advisory Services LLC trimmed its holdings in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 48.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,172 shares of the company’s stock after selling 10,340 shares during the quarter. KPP Advisory Services LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $837,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Salomon & Ludwin LLC bought a new position in shares of Vanguard Intermediate-Term Bond ETF in the first quarter worth approximately $25,000. FAS Wealth Partners Inc. bought a new position in shares of Vanguard Intermediate-Term Bond ETF in the 2nd quarter worth $28,000. Financial Connections Group Inc. purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF during the 2nd quarter valued at $38,000. United Advisor Group LLC bought a new stake in shares of Vanguard Intermediate-Term Bond ETF during the 4th quarter worth $40,000. Finally, American National Bank grew its position in Vanguard Intermediate-Term Bond ETF by 616.0% in the first quarter. American National Bank now owns 537 shares of the company’s stock worth $40,000 after acquiring an additional 462 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

NYSEARCA BIV opened at $78.34 on Tuesday. The stock’s 50-day simple moving average is $77.61 and its two-hundred day simple moving average is $75.66. Vanguard Intermediate-Term Bond ETF has a twelve month low of $70.43 and a twelve month 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).