Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) is Sage Financial Management Group Inc.’s Largest Position

Sage Financial Management Group Inc. raised its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 14.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 639,562 shares of the company’s stock after purchasing an additional 80,061 shares during the period. Vanguard Intermediate-Term Bond ETF accounts for 17.7% of Sage Financial Management Group Inc.’s holdings, making the stock its biggest position. Sage Financial Management Group Inc. owned about 0.28% of Vanguard Intermediate-Term Bond ETF worth $47,794,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. DBK Financial Counsel LLC raised its position in shares of Vanguard Intermediate-Term Bond ETF by 1.7% in the third 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 last quarter. Grimes & Company Inc. raised its holdings in Vanguard Intermediate-Term Bond ETF by 3.4% in the 3rd quarter. Grimes & Company Inc. now owns 4,366 shares of the company’s stock valued at $342,000 after acquiring an additional 142 shares during the last quarter. Redwood Investment Management LLC raised its holdings in Vanguard Intermediate-Term Bond ETF by 3.1% in the 3rd quarter. Redwood Investment Management LLC now owns 4,912 shares of the company’s stock valued at $385,000 after acquiring an additional 146 shares during the last quarter. TSA Wealth Managment LLC lifted its stake in Vanguard Intermediate-Term Bond ETF by 1.7% in the 3rd quarter. TSA Wealth Managment LLC now owns 8,693 shares of the company’s stock worth $681,000 after purchasing an additional 147 shares in the last quarter. Finally, Barrett & Company Inc. boosted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 2.4% during the 3rd quarter. Barrett & Company Inc. now owns 6,581 shares of the company’s stock worth $516,000 after purchasing an additional 153 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Down 0.1 %

NYSEARCA:BIV opened at $75.16 on Thursday. The stock has a 50 day moving average price of $75.19 and a 200 day moving average price of $76.36. Vanguard Intermediate-Term Bond ETF has a one year low of $72.95 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).