Summit Wealth Partners LLC Invests $210,000 in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Summit Wealth Partners LLC bought a new stake in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) during the third quarter, HoldingsChannel reports. The fund bought 2,683 shares of the company’s stock, valued at approximately $210,000.

Other large investors have also added to or reduced their stakes in the company. Norden Group LLC bought a new stake in shares of Vanguard Intermediate-Term Bond ETF in the 1st quarter worth approximately $1,131,000. Prosperity Consulting Group LLC boosted its position in Vanguard Intermediate-Term Bond ETF by 68.6% during the first quarter. Prosperity Consulting Group LLC now owns 5,258 shares of the company’s stock valued at $396,000 after buying an additional 2,140 shares during the period. Janney Montgomery Scott LLC grew its stake in shares of Vanguard Intermediate-Term Bond ETF by 1.9% during the first quarter. Janney Montgomery Scott LLC now owns 416,782 shares of the company’s stock valued at $31,425,000 after buying an additional 7,932 shares during the last quarter. Palisade Asset Management LLC purchased a new position in shares of Vanguard Intermediate-Term Bond ETF in the first quarter worth about $89,000. Finally, Lincoln National Corp lifted its stake in shares of Vanguard Intermediate-Term Bond ETF by 5.3% in the 1st quarter. Lincoln National Corp now owns 1,873,521 shares of the company’s stock valued at $141,264,000 after acquiring an additional 94,480 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Performance

BIV opened at $75.35 on Friday. The stock’s 50 day simple moving average is $77.55 and its 200 day simple moving average is $76.00. Vanguard Intermediate-Term Bond ETF has a 1 year low of $71.82 and a 1 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).