Fifth Third Bancorp Sells 30,517 Shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Fifth Third Bancorp trimmed its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 17.0% in the fourth quarter, HoldingsChannel.com reports. The firm owned 148,491 shares of the company’s stock after selling 30,517 shares during the period. Fifth Third Bancorp’s holdings in Vanguard Intermediate-Term Bond ETF were worth $11,097,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the stock. Magnolia Capital Advisors LLC bought a new position in Vanguard Intermediate-Term Bond ETF during the 2nd quarter worth approximately $2,246,000. Northwestern Mutual Wealth Management Co. lifted its holdings in Vanguard Intermediate-Term Bond ETF by 12.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 7,038,111 shares of the company’s stock valued at $527,153,000 after buying an additional 770,007 shares during the period. NewEdge Advisors LLC boosted its position in Vanguard Intermediate-Term Bond ETF by 9.4% during the second quarter. NewEdge Advisors LLC now owns 91,132 shares of the company’s stock valued at $6,825,000 after acquiring an additional 7,844 shares during the last quarter. Kampmann Melissa S. grew its holdings in Vanguard Intermediate-Term Bond ETF by 9.9% during the 2nd quarter. Kampmann Melissa S. now owns 21,674 shares of the company’s stock worth $1,623,000 after acquiring an additional 1,960 shares during the period. Finally, EP Wealth Advisors LLC grew its stake in Vanguard Intermediate-Term Bond ETF by 37.0% during the second quarter. EP Wealth Advisors LLC now owns 2,193,072 shares of the company’s stock worth $164,239,000 after purchasing an additional 592,113 shares during the period.

Vanguard Intermediate-Term Bond ETF Stock Performance

BIV opened at $74.79 on Friday. The company’s fifty day moving average price is $75.20 and its two-hundred day moving average price is $76.36. Vanguard Intermediate-Term Bond ETF has a 1-year low of $72.95 and a 1-year high of $78.89.

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).