Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) Sees Large Volume Increase – Here’s Why

Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIVGet Free Report) shares saw unusually-strong trading volume on Monday . Approximately 1,416,273 shares traded hands during trading, an increase of 5% from the previous session’s volume of 1,350,864 shares.The stock last traded at $74.51 and had previously closed at $74.65.

Vanguard Intermediate-Term Bond ETF Trading Down 0.2 %

The company has a fifty day moving average price of $75.55 and a two-hundred day moving average price of $76.44.

Institutional Investors Weigh In On Vanguard Intermediate-Term Bond ETF

Several institutional investors and hedge funds have recently made changes to their positions in BIV. Exchange Traded Concepts LLC acquired a new position in Vanguard Intermediate-Term Bond ETF in the third quarter worth $618,000. Gemmer Asset Management LLC grew its position in shares of Vanguard Intermediate-Term Bond ETF by 2.5% during the 3rd quarter. Gemmer Asset Management LLC now owns 129,608 shares of the company’s stock worth $10,157,000 after buying an additional 3,133 shares during the period. CWM LLC lifted its stake in shares of Vanguard Intermediate-Term Bond ETF by 10.2% in the 3rd quarter. CWM LLC now owns 9,943 shares of the company’s stock valued at $779,000 after purchasing an additional 923 shares during the period. American Trust raised its position in shares of Vanguard Intermediate-Term Bond ETF by 0.4% in the 2nd quarter. American Trust now owns 997,892 shares of the company’s stock valued at $74,732,000 after acquiring an additional 4,462 shares during the period. Finally, DBK Financial Counsel LLC grew its stake in Vanguard Intermediate-Term Bond ETF by 1.7% in the third quarter. DBK Financial Counsel LLC now owns 8,488 shares of the company’s stock valued at $665,000 after acquiring an additional 142 shares during the period.

Vanguard Intermediate-Term Bond ETF Company Profile

(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).

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