Sovereign Financial Group Inc. Buys 2,371 Shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Sovereign Financial Group Inc. boosted its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 4.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 54,193 shares of the company’s stock after purchasing an additional 2,371 shares during the period. Vanguard Intermediate-Term Bond ETF comprises about 1.0% of Sovereign Financial Group Inc.’s holdings, making the stock its 19th largest holding. Sovereign Financial Group Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $4,247,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Trust Co. of Vermont raised its position in shares of Vanguard Intermediate-Term Bond ETF by 2.2% during the fourth quarter. Trust Co. of Vermont now owns 13,304 shares of the company’s stock worth $1,016,000 after acquiring an additional 284 shares during the last quarter. Vanguard Group Inc. raised its stake in Vanguard Intermediate-Term Bond ETF by 57.7% during the first quarter. Vanguard Group Inc. now owns 278,059 shares of the company’s stock worth $20,966,000 after buying an additional 101,694 shares during the last quarter. Nisa Investment Advisors LLC acquired a new position in Vanguard Intermediate-Term Bond ETF in the second quarter valued at $677,000. American Trust boosted its position in Vanguard Intermediate-Term Bond ETF by 0.4% during the second quarter. American Trust now owns 997,892 shares of the company’s stock valued at $74,732,000 after acquiring an additional 4,462 shares during the last quarter. Finally, Golden Road Advisors LLC acquired a new stake in Vanguard Intermediate-Term Bond ETF during the 1st quarter worth about $1,663,000.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of NYSEARCA:BIV opened at $77.12 on Wednesday. The business’s 50-day moving average is $77.81 and its 200-day moving average is $75.77. Vanguard Intermediate-Term Bond ETF has a 1 year low of $70.43 and a 1 year high of $78.89.

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).