Vanguard Intermediate-Term Bond ETF $BIV is Cannon Financial Strategists Inc.’s 5th Largest Position

Cannon Financial Strategists Inc. boosted its holdings in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 13.4% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 523,393 shares of the company’s stock after purchasing an additional 61,680 shares during the quarter. Vanguard Intermediate-Term Bond ETF makes up approximately 6.4% of Cannon Financial Strategists Inc.’s holdings, making the stock its 5th largest holding. Cannon Financial Strategists Inc. owned about 0.17% of Vanguard Intermediate-Term Bond ETF worth $40,479,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Summit Investment Advisors Inc. raised its holdings in Vanguard Intermediate-Term Bond ETF by 5.3% in the first quarter. Summit Investment Advisors Inc. now owns 129,097 shares of the company’s stock valued at $9,885,000 after acquiring an additional 6,466 shares in the last quarter. Bensler LLC acquired a new position in Vanguard Intermediate-Term Bond ETF during the 2nd quarter worth $372,000. AE Wealth Management LLC increased its position in shares of Vanguard Intermediate-Term Bond ETF by 0.6% in the 2nd quarter. AE Wealth Management LLC now owns 25,890 shares of the company’s stock worth $2,002,000 after purchasing an additional 148 shares during the last quarter. Legacy Investment Solutions LLC acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF in the 2nd quarter valued at about $93,000. Finally, Penserra Capital Management LLC raised its stake in shares of Vanguard Intermediate-Term Bond ETF by 152.7% in the 2nd quarter. Penserra Capital Management LLC now owns 473,571 shares of the company’s stock valued at $36,625,000 after purchasing an additional 286,201 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of Vanguard Intermediate-Term Bond ETF stock opened at $78.06 on Friday. The business has a 50-day moving average price of $78.26 and a 200 day moving average price of $77.17. Vanguard Intermediate-Term Bond ETF has a fifty-two week low of $73.72 and a fifty-two week high of $78.91.

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).