Smallwood Wealth Investment Management LLC Has $3.12 Million Stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Smallwood Wealth Investment Management LLC decreased its holdings in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 5.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,825 shares of the company’s stock after selling 2,429 shares during the period. Vanguard Intermediate-Term Bond ETF accounts for about 2.2% of Smallwood Wealth Investment Management LLC’s portfolio, making the stock its 10th biggest position. Smallwood Wealth Investment Management LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $3,121,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. RF&L Wealth Management LLC increased its stake in 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 valued at $298,000 after purchasing an additional 135 shares in the last quarter. DBK Financial Counsel LLC grew its stake in shares of 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 valued at $665,000 after buying an additional 142 shares during the period. Kanawha Capital Management LLC grew its stake in shares of Vanguard Intermediate-Term Bond ETF by 3.7% in 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 during the period. National Bank of Canada FI grew its stake in shares of Vanguard Intermediate-Term Bond ETF by 1.9% in the 2nd quarter. National Bank of Canada FI now owns 8,346 shares of the company’s stock valued at $622,000 after buying an additional 153 shares during the period. Finally, Provident Wealth Management LLC grew its stake in shares of Vanguard Intermediate-Term Bond ETF by 0.4% in the 2nd quarter. Provident Wealth Management LLC now owns 36,503 shares of the company’s stock valued at $2,734,000 after buying an additional 160 shares during the period.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of BIV opened at $76.92 on Friday. The stock has a 50-day moving average of $77.83 and a 200-day moving average of $75.85. Vanguard Intermediate-Term Bond ETF has a one year low of $70.43 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).