Cornerstone Planning Group LLC Boosts Position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Cornerstone Planning Group LLC increased its position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 7.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 195,289 shares of the company’s stock after purchasing an additional 12,890 shares during the quarter. Vanguard Intermediate-Term Bond ETF makes up 3.3% of Cornerstone Planning Group LLC’s portfolio, making the stock its 7th biggest position. Cornerstone Planning Group LLC owned 0.08% of Vanguard Intermediate-Term Bond ETF worth $14,873,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BIV. FAS Wealth Partners Inc. bought a new position in Vanguard Intermediate-Term Bond ETF during the second quarter worth about $28,000. Blue Trust Inc. lifted its position in shares of Vanguard Intermediate-Term Bond ETF by 88.7% in the third quarter. Blue Trust Inc. now owns 402 shares of the company’s stock worth $30,000 after purchasing an additional 189 shares in the last quarter. Financial Connections Group Inc. acquired a new position in Vanguard Intermediate-Term Bond ETF during the second quarter worth $38,000. Armstrong Advisory Group Inc. boosted its holdings in Vanguard Intermediate-Term Bond ETF by 504.0% during the third quarter. Armstrong Advisory Group Inc. now owns 610 shares of the company’s stock worth $48,000 after purchasing an additional 509 shares during the last quarter. Finally, Sugarloaf Wealth Management LLC grew its position in Vanguard Intermediate-Term Bond ETF by 40.3% in the second quarter. Sugarloaf Wealth Management LLC now owns 762 shares of the company’s stock valued at $57,000 after purchasing an additional 219 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of NYSEARCA:BIV opened at $75.29 on Wednesday. The company’s 50-day moving average price is $77.31 and its two-hundred day moving average price is $76.14. Vanguard Intermediate-Term Bond ETF has a one year low of $71.91 and a one year 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).