LexAurum Advisors LLC Cuts Stock Position in Vanguard Intermediate-Term Bond ETF $BIV

LexAurum Advisors LLC lowered its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 5.6% during the 2nd quarter, Holdings Channel reports. The firm owned 77,360 shares of the company’s stock after selling 4,620 shares during the period. Vanguard Intermediate-Term Bond ETF makes up about 0.9% of LexAurum Advisors LLC’s investment portfolio, making the stock its 26th largest holding. LexAurum Advisors LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $5,983,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Principal Financial Group Inc. boosted its position in Vanguard Intermediate-Term Bond ETF by 23.6% in the first quarter. Principal Financial Group Inc. now owns 116,445 shares of the company’s stock worth $8,916,000 after purchasing an additional 22,221 shares during the last quarter. San Luis Wealth Advisors LLC raised its stake in shares of Vanguard Intermediate-Term Bond ETF by 35.6% in the second quarter. San Luis Wealth Advisors LLC now owns 135,242 shares of the company’s stock valued at $10,460,000 after buying an additional 35,497 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake in shares of Vanguard Intermediate-Term Bond ETF by 3.1% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 1,762,045 shares of the company’s stock valued at $134,920,000 after buying an additional 53,494 shares during the period. GAMMA Investing LLC raised its stake in shares of Vanguard Intermediate-Term Bond ETF by 43.4% in the first quarter. GAMMA Investing LLC now owns 99,433 shares of the company’s stock valued at $7,614,000 after buying an additional 30,080 shares during the period. Finally, Mustard Seed Financial LLC raised its stake in shares of Vanguard Intermediate-Term Bond ETF by 4.1% in the second quarter. Mustard Seed Financial LLC now owns 127,802 shares of the company’s stock valued at $9,884,000 after buying an additional 5,038 shares during the period.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of BIV opened at $78.10 on Tuesday. The stock’s fifty day moving average price is $77.65 and its two-hundred day moving average price is $76.72. Vanguard Intermediate-Term Bond ETF has a 1 year low of $73.72 and a 1 year high of $78.79.

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).