Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) Sets New 12-Month Low – What’s Next?

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

Vanguard Intermediate-Term Bond ETF Stock Performance

The firm has a 50-day simple moving average of $76.25 and a two-hundred day simple moving average of $77.06.

Institutional Trading of Vanguard Intermediate-Term Bond ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. EP Wealth Advisors LLC acquired a new position in shares of Vanguard Intermediate-Term Bond ETF during the fourth quarter valued at approximately $672,555,000. Fifth Third Bancorp increased its position in shares of Vanguard Intermediate-Term Bond ETF by 1,077.4% during the first quarter. Fifth Third Bancorp now owns 1,496,862 shares of the company’s stock worth $115,528,000 after purchasing an additional 1,369,725 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in Vanguard Intermediate-Term Bond ETF by 13.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 11,227,638 shares of the company’s stock valued at $874,408,000 after purchasing an additional 1,315,707 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in Vanguard Intermediate-Term Bond ETF by 5.1% in the 4th quarter. Wells Fargo & Company MN now owns 25,526,720 shares of the company’s stock valued at $1,988,021,000 after purchasing an additional 1,249,895 shares in the last quarter. Finally, Morgan Stanley boosted its stake in Vanguard Intermediate-Term Bond ETF by 11.8% during the 4th quarter. Morgan Stanley now owns 7,471,592 shares of the company’s stock worth $581,888,000 after purchasing an additional 790,288 shares during the last quarter.

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.

Read More

Receive News & Ratings for Vanguard Intermediate-Term Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard Intermediate-Term Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.