Cannon Financial Strategists Inc. Has $46.51 Million Stake in Vanguard Intermediate-Term Bond ETF $BIV

Cannon Financial Strategists Inc. grew its position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 3.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 597,218 shares of the company’s stock after acquiring an additional 21,855 shares during the period. Vanguard Intermediate-Term Bond ETF comprises about 6.5% of Cannon Financial Strategists Inc.’s portfolio, making the stock its 5th largest holding. Cannon Financial Strategists Inc.’s holdings in Vanguard Intermediate-Term Bond ETF were worth $46,511,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of BIV. Envestnet Asset Management Inc. grew its position in shares of Vanguard Intermediate-Term Bond ETF by 5.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 19,586,319 shares of the company’s stock valued at $1,529,496,000 after acquiring an additional 1,016,721 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in shares of Vanguard Intermediate-Term Bond ETF by 8.8% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 9,911,931 shares of the company’s stock valued at $774,023,000 after acquiring an additional 805,042 shares during the period. Cornerstone Planning Group LLC grew its position in shares of Vanguard Intermediate-Term Bond ETF by 680,593.6% in the 4th quarter. Cornerstone Planning Group LLC now owns 530,941 shares of the company’s stock valued at $41,313,000 after acquiring an additional 530,863 shares during the period. BCM Advisors LLC grew its position in shares of Vanguard Intermediate-Term Bond ETF by 50.2% in the 3rd quarter. BCM Advisors LLC now owns 1,316,515 shares of the company’s stock valued at $103,768,000 after acquiring an additional 439,920 shares during the period. Finally, True Link Financial Advisors LLC boosted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 7.7% during the 4th quarter. True Link Financial Advisors LLC now owns 5,225,541 shares of the company’s stock worth $406,965,000 after buying an additional 373,290 shares during the period.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of BIV stock opened at $77.01 on Monday. The company has a 50-day simple moving average of $77.40 and a 200 day simple moving average of $77.87. Vanguard Intermediate-Term Bond ETF has a 52 week low of $75.28 and a 52 week high of $79.08.

Vanguard Intermediate-Term Bond ETF Company 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). The Index includes all medium and larger issues of the United States Government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities between 5 and 10 years and are publicly issued.