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

Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)’s share price reached a new 52-week low during trading on Tuesday. The company traded as low as $72.80 and last traded at $72.96, with a volume of 1790960 shares traded. The stock had previously closed at $73.34.

Vanguard Intermediate-Term Bond ETF Trading Down 0.1%

The business has a 50-day simple moving average of $74.92 and a two-hundred day simple moving average of $76.06.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Mitchell Mcleod Pugh & Williams Inc. lifted its stake in shares of Vanguard Intermediate-Term Bond ETF by 41.2% during the 4th quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 156,124 shares of the company’s stock worth $12,159,000 after buying an additional 45,557 shares during the last quarter. Amicus Financial Advisors LLC acquired a new position in Vanguard Intermediate-Term Bond ETF in the 4th quarter valued at about $2,036,000. Capital Analysts LLC raised its holdings in Vanguard Intermediate-Term Bond ETF by 174.3% in the 4th quarter. Capital Analysts LLC now owns 180,379 shares of the company’s stock valued at $14,048,000 after acquiring an additional 114,623 shares during the period. Wescott Financial Advisory Group LLC raised its holdings in Vanguard Intermediate-Term Bond ETF by 4.3% in the 4th quarter. Wescott Financial Advisory Group LLC now owns 347,522 shares of the company’s stock valued at $27,065,000 after acquiring an additional 14,169 shares during the period. Finally, Operose Advisors LLC acquired a new stake in Vanguard Intermediate-Term Bond ETF during the second quarter worth approximately $684,000.

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.