Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) Hits New 52-Week Low – Time to Sell?

Shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) reached a new 52-week low during trading on Monday . The stock traded as low as $75.31 and last traded at $75.42, with a volume of 224077 shares. The stock had previously closed at $75.54.

Vanguard Intermediate-Term Bond ETF Stock Performance

The company’s fifty day moving average is $76.25 and its 200-day moving average is $77.06.

Hedge Funds Weigh In On Vanguard Intermediate-Term Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Raleigh Capital Management Inc. lifted its position in Vanguard Intermediate-Term Bond ETF by 6.1% during the first quarter. Raleigh Capital Management Inc. now owns 2,294 shares of the company’s stock valued at $177,000 after acquiring an additional 132 shares during the last quarter. Tcfg Wealth Management LLC grew its stake in Vanguard Intermediate-Term Bond ETF by 4.2% during the 1st quarter. Tcfg Wealth Management LLC now owns 3,506 shares of the company’s stock worth $271,000 after buying an additional 141 shares during the last quarter. Wealthcare Advisory Partners LLC increased its position in Vanguard Intermediate-Term Bond ETF by 2.1% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 7,608 shares of the company’s stock valued at $584,000 after buying an additional 153 shares in the last quarter. Oarsman Capital Inc. raised its stake in Vanguard Intermediate-Term Bond ETF by 5.3% in the fourth quarter. Oarsman Capital Inc. now owns 3,057 shares of the company’s stock valued at $238,000 after buying an additional 154 shares during the last quarter. Finally, Zuckerman Investment Group LLC boosted its holdings in Vanguard Intermediate-Term Bond ETF by 1.6% in the fourth quarter. Zuckerman Investment Group LLC now owns 10,125 shares of the company’s stock worth $789,000 after acquiring an additional 156 shares in the last quarter.

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.