Summit Wealth & Retirement Planning Inc. Cuts Position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Summit Wealth & Retirement Planning Inc. lessened its position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 8.0% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,419 shares of the company’s stock after selling 908 shares during the period. Vanguard Intermediate-Term Bond ETF comprises 0.3% of Summit Wealth & Retirement Planning Inc.’s investment portfolio, making the stock its 27th biggest holding. Summit Wealth & Retirement Planning Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $780,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. RF&L Wealth Management LLC raised its stake in Vanguard Intermediate-Term Bond ETF by 3.5% during the second quarter. RF&L Wealth Management LLC now owns 3,975 shares of the company’s stock worth $298,000 after purchasing an additional 135 shares during the period. Benjamin F. Edwards & Company Inc. raised its holdings in shares of Vanguard Intermediate-Term Bond ETF by 13.1% in the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 1,257 shares of the company’s stock worth $96,000 after purchasing an additional 146 shares during the period. Kanawha Capital Management LLC lifted 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 purchasing an additional 147 shares in the last quarter. National Bank of Canada FI grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 1.9% during the 2nd quarter. National Bank of Canada FI now owns 8,346 shares of the company’s stock worth $622,000 after purchasing an additional 153 shares during the period. Finally, Provident Wealth Management LLC raised its holdings in Vanguard Intermediate-Term Bond ETF by 0.4% in the second 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 Trading Up 0.1 %

BIV opened at $78.25 on Monday. The company has a 50 day moving average of $76.61 and a two-hundred day moving average of $75.28. Vanguard Intermediate-Term Bond ETF has a 52-week low of $70.43 and a 52-week high of $78.57.

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).