Phillips Financial Management LLC Sells 10,050 Shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Phillips Financial Management LLC trimmed its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 5.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 189,112 shares of the company’s stock after selling 10,050 shares during the quarter. Vanguard Intermediate-Term Bond ETF makes up about 1.1% of Phillips Financial Management LLC’s portfolio, making the stock its 26th biggest position. Phillips Financial Management LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $14,821,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. FAS Wealth Partners Inc. bought a new stake in Vanguard Intermediate-Term Bond ETF during the 2nd quarter valued at about $28,000. Blue Trust Inc. raised its stake in shares of Vanguard Intermediate-Term Bond ETF by 88.7% during the third quarter. Blue Trust Inc. now owns 402 shares of the company’s stock valued at $30,000 after acquiring an additional 189 shares in the last quarter. Coastline Trust Co bought a new position in Vanguard Intermediate-Term Bond ETF in the third quarter worth approximately $32,000. Financial Connections Group Inc. bought a new stake in Vanguard Intermediate-Term Bond ETF during the 2nd quarter valued at $38,000. Finally, Armstrong Advisory Group Inc. lifted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 504.0% in the 3rd quarter. Armstrong Advisory Group Inc. now owns 610 shares of the company’s stock worth $48,000 after buying an additional 509 shares during the period.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of Vanguard Intermediate-Term Bond ETF stock opened at $75.27 on Monday. The stock’s fifty day moving average price is $77.09 and its 200-day moving average price is $76.17. Vanguard Intermediate-Term Bond ETF has a 12 month low of $72.95 and a 12 month 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).