Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) Reaches New 1-Year Low – Time to Sell?

Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) shares hit a new 52-week low during trading on Wednesday . The company traded as low as $73.86 and last traded at $73.8850, with a volume of 2029981 shares trading hands. The stock had previously closed at $73.93.

Vanguard Intermediate-Term Bond ETF Stock Performance

The business has a 50-day moving average price of $75.44 and a two-hundred day moving average price of $76.42.

Institutional Trading of Vanguard Intermediate-Term Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BIV. Gemmer Asset Management LLC lifted its position in Vanguard Intermediate-Term Bond ETF by 0.5% during the 2nd quarter. Gemmer Asset Management LLC now owns 219,824 shares of the company’s stock valued at $16,861,000 after purchasing an additional 1,159 shares during the period. Capital Analysts LLC grew its position in shares of Vanguard Intermediate-Term Bond ETF by 1.5% during the 2nd quarter. Capital Analysts LLC now owns 194,572 shares of the company’s stock worth $14,923,000 after buying an additional 2,781 shares during the period. Integrated Wealth Concepts LLC raised its stake in shares of Vanguard Intermediate-Term Bond ETF by 138.0% during the second quarter. Integrated Wealth Concepts LLC now owns 81,985 shares of the company’s stock worth $6,288,000 after buying an additional 47,542 shares during the last quarter. RFG Advisory LLC lifted its holdings in Vanguard Intermediate-Term Bond ETF by 3.7% in the second quarter. RFG Advisory LLC now owns 14,793 shares of the company’s stock valued at $1,135,000 after buying an additional 527 shares during the period. Finally, NewEdge Advisors LLC lifted its holdings in Vanguard Intermediate-Term Bond ETF by 12.6% in the second quarter. NewEdge Advisors LLC now owns 227,199 shares of the company’s stock valued at $17,426,000 after buying an additional 25,397 shares during the period.

About Vanguard Intermediate-Term Bond ETF

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.