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

Smallwood Wealth Investment Management LLC decreased its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 3.0% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 42,254 shares of the company’s stock after selling 1,289 shares during the quarter. Vanguard Intermediate-Term Bond ETF accounts for 2.4% of Smallwood Wealth Investment Management LLC’s holdings, making the stock its 9th largest position. Smallwood Wealth Investment Management LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $3,164,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in BIV. Williams Financial LLC increased its holdings in shares of Vanguard Intermediate-Term Bond ETF by 6,178.1% during the 2nd quarter. Williams Financial LLC now owns 18,233,473 shares of the company’s stock worth $1,355,019,000 after purchasing an additional 17,943,042 shares during the period. True Link Financial Advisors LLC increased its holdings in shares of Vanguard Intermediate-Term Bond ETF by 35.9% during the 1st quarter. True Link Financial Advisors LLC now owns 2,699,290 shares of the company’s stock worth $203,526,000 after purchasing an additional 713,168 shares during the period. EP Wealth Advisors LLC increased its holdings in shares of Vanguard Intermediate-Term Bond ETF by 100.1% during the 4th quarter. EP Wealth Advisors LLC now owns 1,080,172 shares of the company’s stock worth $82,504,000 after purchasing an additional 540,234 shares during the period. Verus Financial Partners Inc. increased its holdings in shares of Vanguard Intermediate-Term Bond ETF by 3,945.6% during the 1st quarter. Verus Financial Partners Inc. now owns 514,119 shares of the company’s stock worth $38,765,000 after purchasing an additional 501,411 shares during the period. Finally, Cetera Investment Advisers increased its holdings in shares of Vanguard Intermediate-Term Bond ETF by 137.5% during the 1st quarter. Cetera Investment Advisers now owns 839,802 shares of the company’s stock worth $63,321,000 after purchasing an additional 486,228 shares during the period.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of NYSEARCA:BIV traded up $0.01 on Tuesday, hitting $77.84. 838,979 shares of the company were exchanged, compared to its average volume of 1,107,051. The company’s 50 day moving average price is $76.19 and its two-hundred day moving average price is $75.11. Vanguard Intermediate-Term Bond ETF has a one year low of $70.43 and a one year high of $78.04.

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).