Phillips Financial Management LLC Sells 10,050 Shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Phillips Financial Management LLC lowered its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 5.0% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 189,112 shares of the company’s stock after selling 10,050 shares during the period. Vanguard Intermediate-Term Bond ETF makes up approximately 1.1% of Phillips Financial Management LLC’s holdings, making the stock its 26th biggest position. Phillips Financial Management LLC owned approximately 0.08% of Vanguard Intermediate-Term Bond ETF worth $14,821,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. RF&L Wealth Management LLC boosted its stake in shares of Vanguard Intermediate-Term Bond ETF by 3.5% in the second quarter. RF&L Wealth Management LLC now owns 3,975 shares of the company’s stock worth $298,000 after acquiring an additional 135 shares during the period. DBK Financial Counsel LLC boosted its stake in Vanguard Intermediate-Term Bond ETF by 1.7% in the 3rd quarter. DBK Financial Counsel LLC now owns 8,488 shares of the company’s stock worth $665,000 after purchasing an additional 142 shares during the period. Grimes & Company Inc. boosted its stake in Vanguard Intermediate-Term Bond ETF by 3.4% in the 3rd quarter. Grimes & Company Inc. now owns 4,366 shares of the company’s stock worth $342,000 after purchasing an additional 142 shares during the period. Kanawha Capital Management LLC grew its holdings in Vanguard Intermediate-Term Bond ETF by 3.7% during the 2nd quarter. Kanawha Capital Management LLC now owns 4,160 shares of the company’s stock valued at $312,000 after buying an additional 147 shares in the last quarter. Finally, TSA Wealth Managment LLC raised its position in shares of Vanguard Intermediate-Term Bond ETF by 1.7% during the third quarter. TSA Wealth Managment LLC now owns 8,693 shares of the company’s stock valued at $681,000 after buying an additional 147 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of NYSEARCA:BIV opened at $75.27 on Monday. The firm has a fifty day moving average price of $77.09 and a 200 day moving average price of $76.17. Vanguard Intermediate-Term Bond ETF has a fifty-two week low of $72.95 and a fifty-two week 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).