Smallwood Wealth Investment Management LLC Trims Holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Smallwood Wealth Investment Management LLC reduced its stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 84.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,035 shares of the company’s stock after selling 33,790 shares during the period. Smallwood Wealth Investment Management LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $451,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Blue Trust Inc. boosted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 88.7% in the 3rd quarter. Blue Trust Inc. now owns 402 shares of the company’s stock valued at $30,000 after buying an additional 189 shares in the last quarter. Coastline Trust Co purchased a new stake in Vanguard Intermediate-Term Bond ETF in the 3rd quarter worth approximately $32,000. Armstrong Advisory Group Inc. raised its position in shares of Vanguard Intermediate-Term Bond ETF by 504.0% in the third quarter. Armstrong Advisory Group Inc. now owns 610 shares of the company’s stock worth $48,000 after acquiring an additional 509 shares during the period. Sugarloaf Wealth Management LLC increased its position in shares of Vanguard Intermediate-Term Bond ETF by 35.3% in the third quarter. Sugarloaf Wealth Management LLC now owns 1,031 shares of the company’s stock valued at $81,000 after buying an additional 269 shares in the last quarter. Finally, Bristlecone Advisors LLC purchased a new position in Vanguard Intermediate-Term Bond ETF during the third quarter valued at $102,000.

Vanguard Intermediate-Term Bond ETF Trading Down 0.1 %

Shares of BIV opened at $74.66 on Friday. The stock has a 50 day moving average price of $75.22 and a 200 day moving average price of $76.37. 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).