PAX Financial Group LLC Has $312,000 Position in Vanguard Intermediate-Term Bond ETF $BIV

PAX Financial Group LLC lowered its stake in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 74.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,007 shares of the company’s stock after selling 11,977 shares during the period. PAX Financial Group LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $312,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. Envestnet Asset Management Inc. boosted its stake in shares of Vanguard Intermediate-Term Bond ETF by 5.5% during 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 buying an additional 1,016,721 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Vanguard Intermediate-Term Bond ETF by 8.8% during 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 buying an additional 805,042 shares during the period. True Link Financial Advisors LLC boosted its stake 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 valued at $406,965,000 after buying an additional 373,290 shares during the period. Ameriprise Financial Inc. boosted its stake in shares of Vanguard Intermediate-Term Bond ETF by 1.9% during the 3rd quarter. Ameriprise Financial Inc. now owns 4,052,118 shares of the company’s stock valued at $315,993,000 after buying an additional 74,818 shares during the period. Finally, Mather Group LLC. boosted its stake in shares of Vanguard Intermediate-Term Bond ETF by 5.1% during the 4th quarter. Mather Group LLC. now owns 3,525,085 shares of the company’s stock valued at $274,534,000 after buying an additional 170,062 shares during the period.

Vanguard Intermediate-Term Bond ETF Stock Down 0.7%

BIV stock opened at $76.06 on Friday. Vanguard Intermediate-Term Bond ETF has a 1 year low of $75.28 and a 1 year high of $79.08. The company has a fifty day simple moving average of $77.17 and a 200 day simple moving average of $77.79.

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). 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.