Red Wave Investments LLC Sells 4,137 Shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Red Wave Investments LLC cut its holdings in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 6.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 58,767 shares of the company’s stock after selling 4,137 shares during the period. Vanguard Intermediate-Term Bond ETF makes up 1.8% of Red Wave Investments LLC’s holdings, making the stock its 18th biggest holding. Red Wave Investments LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $4,489,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of BIV. Morgan Stanley lifted its position in shares of Vanguard Intermediate-Term Bond ETF by 1.6% during the third quarter. Morgan Stanley now owns 4,997,528 shares of the company’s stock valued at $361,371,000 after buying an additional 77,428 shares during the last quarter. LPL Financial LLC lifted its position in Vanguard Intermediate-Term Bond ETF by 3.2% during the third quarter. LPL Financial LLC now owns 4,062,860 shares of the company’s stock valued at $293,785,000 after acquiring an additional 125,875 shares during the last quarter. Mather Group LLC. boosted its stake in Vanguard Intermediate-Term Bond ETF by 5.9% in the third quarter. Mather Group LLC. now owns 2,507,429 shares of the company’s stock valued at $181,312,000 after acquiring an additional 140,056 shares in the last quarter. Envestnet Portfolio Solutions Inc. purchased a new position in Vanguard Intermediate-Term Bond ETF in the third quarter worth $156,701,000. Finally, True Link Financial Advisors LLC grew its holdings in Vanguard Intermediate-Term Bond ETF by 55.2% in the fourth quarter. True Link Financial Advisors LLC now owns 1,986,122 shares of the company’s stock worth $151,700,000 after purchasing an additional 706,134 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Trading Up 0.2 %

Shares of BIV opened at $73.47 on Monday. Vanguard Intermediate-Term Bond ETF has a 12 month low of $70.43 and a 12 month high of $77.68. The stock has a fifty day moving average price of $74.58 and a 200-day moving average price of $74.42.

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).