Apollon Wealth Management LLC Has $1.13 Million Holdings in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)

Apollon Wealth Management LLC trimmed its position in shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) by 2.7% during the third quarter, Holdings Channel.com reports. The institutional investor owned 14,365 shares of the company’s stock after selling 392 shares during the period. Apollon Wealth Management LLC’s holdings in Vanguard Intermediate-Term Bond ETF were worth $1,126,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Everhart Financial Group Inc. increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 53.8% in the third quarter. Everhart Financial Group Inc. now owns 17,795 shares of the company’s stock valued at $1,395,000 after buying an additional 6,226 shares during the period. Lynx Investment Advisory lifted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 27.6% in the 3rd quarter. Lynx Investment Advisory now owns 26,997 shares of the company’s stock worth $2,116,000 after purchasing an additional 5,840 shares in the last quarter. Loudon Investment Management LLC lifted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 29.1% in the 3rd quarter. Loudon Investment Management LLC now owns 3,454 shares of the company’s stock worth $271,000 after purchasing an additional 779 shares in the last quarter. Jaffetilchin Investment Partners LLC lifted its stake in Vanguard Intermediate-Term Bond ETF by 618.0% during the 3rd quarter. Jaffetilchin Investment Partners LLC now owns 22,192 shares of the company’s stock valued at $1,739,000 after acquiring an additional 19,101 shares in the last quarter. Finally, Kennebec Savings Bank bought a new position in Vanguard Intermediate-Term Bond ETF during the 3rd quarter valued at $163,000.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of NYSEARCA:BIV opened at $75.17 on Friday. Vanguard Intermediate-Term Bond ETF has a 1-year low of $72.69 and a 1-year high of $78.89. The stock’s fifty day simple moving average is $77.21 and its two-hundred day simple moving average is $76.15.

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).