Axxcess Wealth Management LLC Decreases Position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Axxcess Wealth Management LLC decreased its holdings in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 2.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,373 shares of the company’s stock after selling 415 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $1,205,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BIV. Sigma Planning Corp lifted its stake in shares of Vanguard Intermediate-Term Bond ETF by 26.9% in the 3rd quarter. Sigma Planning Corp now owns 153,493 shares of the company’s stock valued at $12,029,000 after purchasing an additional 32,547 shares during the last quarter. Houlihan Financial Resource Group Ltd. purchased a new stake in Vanguard Intermediate-Term Bond ETF in the third quarter valued at approximately $2,694,000. ESL Trust Services LLC lifted its stake in Vanguard Intermediate-Term Bond ETF by 20.9% during the third quarter. ESL Trust Services LLC now owns 58,346 shares of the company’s stock worth $4,573,000 after purchasing an additional 10,093 shares in the last quarter. Francis Financial Inc. boosted its position in shares of Vanguard Intermediate-Term Bond ETF by 14.7% during the third quarter. Francis Financial Inc. now owns 496,200 shares of the company’s stock worth $38,887,000 after buying an additional 63,472 shares during the period. Finally, Austin Asset Management Co Inc grew its stake in shares of Vanguard Intermediate-Term Bond ETF by 6.5% in the third quarter. Austin Asset Management Co Inc now owns 138,170 shares of the company’s stock valued at $10,828,000 after buying an additional 8,465 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Price Performance

NYSEARCA BIV opened at $75.72 on Tuesday. Vanguard Intermediate-Term Bond ETF has a one year low of $71.91 and a one year high of $78.89. The firm has a 50 day simple moving average of $77.35 and a 200-day simple moving average of $76.12.

Vanguard Intermediate-Term Bond ETF 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).