Poplar Forest Capital LLC Reduces Stock Position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Poplar Forest Capital LLC reduced its holdings in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 3.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,840 shares of the company’s stock after selling 524 shares during the quarter. Poplar Forest Capital LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $1,057,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Sugarloaf Wealth Management LLC purchased a new stake in Vanguard Intermediate-Term Bond ETF in the 4th quarter worth approximately $25,000. CVA Family Office LLC purchased a new stake in Vanguard Intermediate-Term Bond ETF in the 4th quarter worth approximately $36,000. Financial Connections Group Inc. purchased a new stake in Vanguard Intermediate-Term Bond ETF in the 4th quarter worth approximately $38,000. Impact Partnership Wealth LLC lifted its stake in Vanguard Intermediate-Term Bond ETF by 42.0% in the 3rd quarter. Impact Partnership Wealth LLC now owns 727 shares of the company’s stock worth $53,000 after purchasing an additional 215 shares in the last quarter. Finally, JFS Wealth Advisors LLC bought a new position in shares of Vanguard Intermediate-Term Bond ETF in the 3rd quarter worth $56,000.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of NYSEARCA:BIV traded down $0.19 during trading on Wednesday, reaching $73.39. The company had a trading volume of 1,134,714 shares, compared to its average volume of 1,307,775. The company has a fifty day moving average of $74.65 and a two-hundred day moving average of $74.39. Vanguard Intermediate-Term Bond ETF has a 12 month low of $70.43 and a 12 month high of $77.68.

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).