Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) Hits New 12-Month Low – Should You Sell?

Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIVGet Free Report)’s stock price reached a new 52-week low during trading on Wednesday . The company traded as low as $75.61 and last traded at $75.62, with a volume of 241848 shares. The stock had previously closed at $75.77.

Vanguard Intermediate-Term Bond ETF Stock Down 0.1%

The firm’s 50 day simple moving average is $76.34 and its two-hundred day simple moving average is $77.19.

Institutional Trading of Vanguard Intermediate-Term Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Johnson Financial Group Inc. acquired a new stake in Vanguard Intermediate-Term Bond ETF in the first quarter valued at approximately $28,000. Kelleher Financial Advisors bought a new stake in Vanguard Intermediate-Term Bond ETF during the 3rd quarter valued at $30,000. Texas Capital Bancshares Inc TX acquired a new position in Vanguard Intermediate-Term Bond ETF during the third quarter worth $31,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of Vanguard Intermediate-Term Bond ETF during the fourth quarter valued at about $31,000. Finally, Darwin Wealth Management LLC bought a new stake in shares of Vanguard Intermediate-Term Bond ETF during the first quarter worth about $36,000.

About Vanguard Intermediate-Term Bond ETF

(Get Free Report)

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.

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