Vanguard Intermediate-Term Bond ETF $BIV is Franklin Parlapiano Turner & Welch LLC’s 3rd Largest Position

Franklin Parlapiano Turner & Welch LLC lifted its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 0.5% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 484,551 shares of the company’s stock after buying an additional 2,294 shares during the period. Vanguard Intermediate-Term Bond ETF makes up about 9.8% of Franklin Parlapiano Turner & Welch LLC’s portfolio, making the stock its 3rd largest position. Franklin Parlapiano Turner & Welch LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $37,475,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently made changes to their positions in the company. Sovereign Financial Group Inc. boosted its position in Vanguard Intermediate-Term Bond ETF by 5.6% in the second quarter. Sovereign Financial Group Inc. now owns 71,036 shares of the company’s stock worth $5,494,000 after purchasing an additional 3,760 shares during the last quarter. Concurrent Investment Advisors LLC increased its position in Vanguard Intermediate-Term Bond ETF by 19.3% in the second quarter. Concurrent Investment Advisors LLC now owns 63,006 shares of the company’s stock worth $4,873,000 after buying an additional 10,195 shares during the last quarter. Evolution Advisers Inc. raised its stake in shares of Vanguard Intermediate-Term Bond ETF by 5.1% in the second quarter. Evolution Advisers Inc. now owns 88,135 shares of the company’s stock valued at $6,816,000 after buying an additional 4,237 shares during the period. Trust Co. of Toledo NA OH purchased a new position in shares of Vanguard Intermediate-Term Bond ETF during the 2nd quarter valued at $70,000. Finally, FinDec Wealth Services Inc. grew its stake in shares of Vanguard Intermediate-Term Bond ETF by 80.1% during the 2nd quarter. FinDec Wealth Services Inc. now owns 15,998 shares of the company’s stock worth $1,237,000 after acquiring an additional 7,113 shares during the period.

Vanguard Intermediate-Term Bond ETF Trading Up 0.4%

Shares of NYSEARCA:BIV opened at $78.23 on Friday. The company has a 50-day moving average price of $77.86 and a two-hundred day moving average price of $76.84. Vanguard Intermediate-Term Bond ETF has a twelve month low of $73.72 and a twelve 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).