SMI Advisory Services LLC Grows Stock Holdings in Vanguard Intermediate-Term Bond ETF $BIV

SMI Advisory Services LLC increased its holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 3.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 314,776 shares of the company’s stock after purchasing an additional 10,366 shares during the quarter. Vanguard Intermediate-Term Bond ETF accounts for 4.6% of SMI Advisory Services LLC’s holdings, making the stock its 5th biggest position. SMI Advisory Services LLC owned about 0.10% of Vanguard Intermediate-Term Bond ETF worth $24,036,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Envestnet Asset Management Inc. raised its holdings in shares of Vanguard Intermediate-Term Bond ETF by 7.3% in the 1st quarter. Envestnet Asset Management Inc. now owns 18,092,410 shares of the company’s stock worth $1,385,336,000 after purchasing an additional 1,238,612 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Vanguard Intermediate-Term Bond ETF by 4.1% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 8,645,584 shares of the company’s stock worth $661,992,000 after purchasing an additional 341,298 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Vanguard Intermediate-Term Bond ETF by 3.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 7,972,446 shares of the company’s stock worth $610,450,000 after purchasing an additional 241,266 shares in the last quarter. Beacon Capital Management Inc. raised its holdings in shares of Vanguard Intermediate-Term Bond ETF by 624.3% in the 1st quarter. Beacon Capital Management Inc. now owns 6,022,945 shares of the company’s stock worth $456,660,000 after purchasing an additional 5,191,374 shares in the last quarter. Finally, EP Wealth Advisors LLC raised its holdings in shares of Vanguard Intermediate-Term Bond ETF by 17.9% in the 1st quarter. EP Wealth Advisors LLC now owns 5,394,520 shares of the company’s stock worth $413,058,000 after purchasing an additional 819,212 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Trading Down 0.0%

NYSEARCA BIV opened at $78.09 on Wednesday. The company’s 50 day simple moving average is $77.67 and its 200 day simple moving average is $76.73. Vanguard Intermediate-Term Bond ETF has a 12 month low of $73.72 and a 12 month high of $78.79.

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).