Cannon Financial Strategists Inc. Has $31.44 Million Position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Cannon Financial Strategists Inc. trimmed its position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 2.7% during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 401,112 shares of the company’s stock after selling 11,146 shares during the period. Vanguard Intermediate-Term Bond ETF comprises approximately 5.5% of Cannon Financial Strategists Inc.’s holdings, making the stock its 5th largest holding. Cannon Financial Strategists Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $31,435,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Williams Financial LLC increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 6,178.1% during the 2nd quarter. Williams Financial LLC now owns 18,233,473 shares of the company’s stock worth $1,355,019,000 after purchasing an additional 17,943,042 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Vanguard Intermediate-Term Bond ETF by 12.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 7,038,111 shares of the company’s stock valued at $527,153,000 after buying an additional 770,007 shares in the last quarter. Mather Group LLC. lifted its stake in Vanguard Intermediate-Term Bond ETF by 11.0% during the second quarter. Mather Group LLC. now owns 2,898,162 shares of the company’s stock worth $218,521,000 after purchasing an additional 288,111 shares during the last quarter. True Link Financial Advisors LLC lifted its position in shares of Vanguard Intermediate-Term Bond ETF by 4.2% during the 2nd quarter. True Link Financial Advisors LLC now owns 2,812,708 shares of the company’s stock worth $210,644,000 after buying an additional 113,418 shares during the last quarter. Finally, EP Wealth Advisors LLC lifted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 37.0% in the second quarter. EP Wealth Advisors LLC now owns 2,193,072 shares of the company’s stock worth $164,239,000 after acquiring an additional 592,113 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Trading Down 0.6 %

Shares of NYSEARCA BIV traded down $0.45 during mid-day trading on Monday, hitting $76.51. 261,000 shares of the stock traded hands, compared to its average volume of 1,097,973. The firm has a 50 day simple moving average of $77.83 and a two-hundred day simple moving average of $75.89. Vanguard Intermediate-Term Bond ETF has a twelve month low of $70.54 and a twelve month high of $78.89.

Vanguard Intermediate-Term Bond ETF 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).