Smallwood Wealth Investment Management LLC Decreases Stock Position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Smallwood Wealth Investment Management LLC trimmed its position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 84.8% during the fourth quarter, Holdings Channel.com reports. The firm owned 6,035 shares of the company’s stock after selling 33,790 shares during the period. Smallwood Wealth Investment Management LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $451,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in BIV. True Link Financial Advisors LLC grew its stake in Vanguard Intermediate-Term Bond ETF by 31.8% during the 3rd quarter. True Link Financial Advisors LLC now owns 3,707,227 shares of the company’s stock worth $290,535,000 after buying an additional 894,519 shares during the last quarter. EP Wealth Advisors LLC lifted its position in shares of Vanguard Intermediate-Term Bond ETF by 38.5% during the 3rd quarter. EP Wealth Advisors LLC now owns 3,037,989 shares of the company’s stock valued at $238,087,000 after acquiring an additional 844,917 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in Vanguard Intermediate-Term Bond ETF by 12.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 7,038,111 shares of the company’s stock valued at $527,153,000 after purchasing an additional 770,007 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its position in Vanguard Intermediate-Term Bond ETF by 59.0% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 1,610,345 shares of the company’s stock worth $126,203,000 after acquiring an additional 597,770 shares during the last quarter. Finally, Sage Financial Management Group Inc. purchased a new position in Vanguard Intermediate-Term Bond ETF during the third quarter worth $43,848,000.

Vanguard Intermediate-Term Bond ETF Trading Down 0.1 %

Shares of NYSEARCA BIV opened at $74.66 on Friday. Vanguard Intermediate-Term Bond ETF has a 12 month low of $72.95 and a 12 month high of $78.89. The company has a 50-day simple moving average of $75.22 and a 200-day simple moving average of $76.37.

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).