Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) Stock Price Crosses Above Fifty Day Moving Average – Here’s What Happened

Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) passed above its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $73.98 and traded as high as $74.24. Vanguard Intermediate-Term Bond ETF shares last traded at $74.10, with a volume of 1,607,035 shares trading hands.

Vanguard Intermediate-Term Bond ETF Trading Up 0.4%

The company’s fifty day simple moving average is $73.95 and its two-hundred day simple moving average is $76.18.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Johnson Financial Group Inc. bought a new position in Vanguard Intermediate-Term Bond ETF during the first quarter worth $28,000. Brown Lisle Cummings Inc. acquired a new position in Vanguard Intermediate-Term Bond ETF in the second quarter valued at approximately $31,000. Darwin Wealth Management LLC bought a new position in shares of Vanguard Intermediate-Term Bond ETF during the first quarter valued at approximately $36,000. Hollencrest Capital Management bought a new position in shares of Vanguard Intermediate-Term Bond ETF during the first quarter valued at approximately $37,000. Finally, Laurel Wealth Advisors LLC acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF during the 3rd quarter worth approximately $40,000.

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.