Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) Hits New 52-Week Low – Here’s What Happened

Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIVGet Free Report) shares hit 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 Price Performance

The stock’s 50-day simple moving average is $76.34 and its 200-day simple moving average is $77.19.

Institutional Trading of Vanguard Intermediate-Term Bond ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Johnson Financial Group Inc. bought a new stake in Vanguard Intermediate-Term Bond ETF during the first quarter worth $28,000. Kelleher Financial Advisors bought a new position in Vanguard Intermediate-Term Bond ETF in the 3rd quarter valued at $30,000. Texas Capital Bancshares Inc TX bought a new position in Vanguard Intermediate-Term Bond ETF in the 3rd quarter valued at $31,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF during the 4th quarter valued at $31,000. Finally, Darwin Wealth Management LLC purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF during the 1st quarter valued at $36,000.

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). 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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