Vanguard Intermediate-Term Bond ETF $BIV is IFC & Insurance Marketing Inc.’s 4th Largest Position

IFC & Insurance Marketing Inc. trimmed its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 59.9% in the first quarter, HoldingsChannel.com reports. The firm owned 80,290 shares of the company’s stock after selling 119,958 shares during the quarter. Vanguard Intermediate-Term Bond ETF comprises about 6.5% of IFC & Insurance Marketing Inc.’s investment portfolio, making the stock its 4th largest holding. IFC & Insurance Marketing Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $6,197,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the stock. Covenant Asset Management LLC acquired a new stake in Vanguard Intermediate-Term Bond ETF during the 4th quarter worth $1,177,000. Clarity Wealth Advisors LLC lifted its position in Vanguard Intermediate-Term Bond ETF by 18.4% in the fourth quarter. Clarity Wealth Advisors LLC now owns 135,024 shares of the company’s stock valued at $10,516,000 after acquiring an additional 21,013 shares during the last quarter. Fonville Wealth Management LLC boosted its stake in Vanguard Intermediate-Term Bond ETF by 34.8% in the fourth quarter. Fonville Wealth Management LLC now owns 177,008 shares of the company’s stock valued at $13,785,000 after acquiring an additional 45,702 shares in the last quarter. Betterment LLC boosted its stake in Vanguard Intermediate-Term Bond ETF by 7.2% in the third quarter. Betterment LLC now owns 282,041 shares of the company’s stock valued at $22,025,000 after acquiring an additional 19,017 shares in the last quarter. Finally, Asset Allocation & Management Company LLC purchased a new position in shares of Vanguard Intermediate-Term Bond ETF during the fourth quarter worth about $1,150,000.

Vanguard Intermediate-Term Bond ETF Stock Down 0.2%

Shares of BIV stock opened at $76.34 on Tuesday. The stock’s 50-day moving average is $76.72 and its two-hundred day moving average is $77.44. Vanguard Intermediate-Term Bond ETF has a 1 year low of $75.63 and a 1 year high of $79.08.

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.