Sovereign Financial Group Inc. Sells 3,163 Shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Sovereign Financial Group Inc. decreased its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 6.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 47,167 shares of the company’s stock after selling 3,163 shares during the period. Vanguard Intermediate-Term Bond ETF comprises approximately 1.1% of Sovereign Financial Group Inc.’s investment portfolio, making the stock its 19th biggest holding. Sovereign Financial Group Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $3,603,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in BIV. Cadent Capital Advisors LLC grew its position in Vanguard Intermediate-Term Bond ETF by 0.9% during the 4th quarter. Cadent Capital Advisors LLC now owns 15,993 shares of the company’s stock worth $1,222,000 after purchasing an additional 140 shares during the period. Benjamin F. Edwards & Company Inc. raised its holdings in Vanguard Intermediate-Term Bond ETF by 13.1% in the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 1,257 shares of the company’s stock valued at $96,000 after buying an additional 146 shares during the period. HF Advisory Group LLC boosted its position in shares of Vanguard Intermediate-Term Bond ETF by 4.3% during the 3rd quarter. HF Advisory Group LLC now owns 3,587 shares of the company’s stock worth $259,000 after purchasing an additional 149 shares during the period. Strategic Investment Advisors MI boosted its position in shares of Vanguard Intermediate-Term Bond ETF by 0.7% during the 4th quarter. Strategic Investment Advisors MI now owns 23,380 shares of the company’s stock worth $1,786,000 after purchasing an additional 155 shares during the period. Finally, Kraft Asset Management LLC boosted its position in shares of Vanguard Intermediate-Term Bond ETF by 2.4% during the 3rd quarter. Kraft Asset Management LLC now owns 6,843 shares of the company’s stock worth $495,000 after purchasing an additional 159 shares during the period.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of NYSEARCA:BIV traded down $0.15 during mid-day trading on Wednesday, reaching $74.10. 770,822 shares of the company were exchanged, compared to its average volume of 1,272,913. Vanguard Intermediate-Term Bond ETF has a 1 year low of $70.43 and a 1 year high of $77.46. The firm’s 50-day simple moving average is $74.44 and its 200 day simple moving average is $74.54.

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).