Parsons Capital Management Inc. RI Reduces Stock Position in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Parsons Capital Management Inc. RI lowered its holdings in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 6.2% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,727 shares of the company’s stock after selling 313 shares during the quarter. Parsons Capital Management Inc. RI’s holdings in Vanguard Intermediate-Term Bond ETF were worth $356,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Opal Wealth Advisors LLC purchased a new position in Vanguard Intermediate-Term Bond ETF during the 4th quarter valued at $409,000. Greenwich Wealth Management LLC purchased a new position in Vanguard Intermediate-Term Bond ETF during the 3rd quarter valued at $221,000. GSB Wealth Management LLC boosted its holdings in Vanguard Intermediate-Term Bond ETF by 3.2% during the 3rd quarter. GSB Wealth Management LLC now owns 9,884 shares of the company’s stock valued at $715,000 after acquiring an additional 308 shares during the period. Meeder Asset Management Inc. boosted its holdings in Vanguard Intermediate-Term Bond ETF by 9.8% during the 4th quarter. Meeder Asset Management Inc. now owns 27,523 shares of the company’s stock valued at $2,102,000 after acquiring an additional 2,467 shares during the period. Finally, Avantax Advisory Services Inc. boosted its holdings in Vanguard Intermediate-Term Bond ETF by 7.4% during the 3rd quarter. Avantax Advisory Services Inc. now owns 352,789 shares of the company’s stock valued at $25,510,000 after acquiring an additional 24,252 shares during the period.

Vanguard Intermediate-Term Bond ETF Trading Up 0.2 %

NYSEARCA BIV traded up $0.16 on Friday, reaching $73.34. 639,499 shares of the stock traded hands, compared to its average volume of 1,294,117. The company has a fifty day moving average price of $74.58 and a 200-day moving average price of $74.42. Vanguard Intermediate-Term Bond ETF has a 12 month low of $70.43 and a 12 month high of $77.68.

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).