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)’s stock price reached a new 52-week low during trading on Wednesday . The stock traded as low as $74.78 and last traded at $74.7430, with a volume of 250341 shares changing hands. The stock had previously closed at $74.87.

Vanguard Intermediate-Term Bond ETF Trading Down 0.3%

The stock’s fifty day moving average is $75.66 and its two-hundred day moving average is $76.58.

Institutional Trading of Vanguard Intermediate-Term Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Johnson Financial Group Inc. bought a new stake in Vanguard Intermediate-Term Bond ETF in the first quarter valued at about $28,000. Kelleher Financial Advisors acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF in the 3rd quarter worth about $30,000. Brown Lisle Cummings Inc. acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF in the second quarter valued at approximately $31,000. Texas Capital Bancshares Inc TX bought a new stake in Vanguard Intermediate-Term Bond ETF during the 3rd quarter valued at $31,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in Vanguard Intermediate-Term Bond ETF in the fourth quarter worth about $31,000.

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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