Sovereign Financial Group Inc. Has $5.49 Million Position in Vanguard Intermediate-Term Bond ETF $BIV

Sovereign Financial Group Inc. grew its holdings in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 5.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 71,036 shares of the company’s stock after acquiring an additional 3,760 shares during the period. Vanguard Intermediate-Term Bond ETF accounts for 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 $5,494,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the company. Professional Financial Advisors LLC grew its stake in shares of Vanguard Intermediate-Term Bond ETF by 3.9% in the 1st quarter. Professional Financial Advisors LLC now owns 3,511 shares of the company’s stock valued at $269,000 after buying an additional 133 shares during the period. First Citizens Financial Corp grew its stake in shares of Vanguard Intermediate-Term Bond ETF by 1.6% in the 2nd quarter. First Citizens Financial Corp now owns 8,386 shares of the company’s stock valued at $649,000 after buying an additional 136 shares during the period. Spring Capital Management LLC boosted its stake in Vanguard Intermediate-Term Bond ETF by 0.9% during the 2nd quarter. Spring Capital Management LLC now owns 16,370 shares of the company’s stock valued at $1,266,000 after purchasing an additional 152 shares during the last quarter. Southland Equity Partners LLC boosted its stake in Vanguard Intermediate-Term Bond ETF by 2.2% during the 2nd quarter. Southland Equity Partners LLC now owns 7,087 shares of the company’s stock valued at $548,000 after purchasing an additional 154 shares during the last quarter. Finally, Verdence Capital Advisors LLC boosted its stake in Vanguard Intermediate-Term Bond ETF by 2.0% during the 1st quarter. Verdence Capital Advisors LLC now owns 8,506 shares of the company’s stock valued at $651,000 after purchasing an additional 166 shares during the last quarter.

Vanguard Intermediate-Term Bond ETF Trading Up 0.4%

BIV stock opened at $78.23 on Friday. Vanguard Intermediate-Term Bond ETF has a 52-week low of $73.72 and a 52-week high of $78.79. The business has a 50-day simple moving average of $77.86 and a two-hundred day simple moving average of $76.84.

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).