Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) Reaches New 12-Month Low – Time to Sell?

Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)’s share price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $75.30 and last traded at $75.31, with a volume of 121289 shares. The stock had previously closed at $75.41.

Vanguard Intermediate-Term Bond ETF Trading Down 0.1%

The firm’s fifty day moving average is $75.91 and its 200 day moving average is $76.75.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Johnson Financial Group Inc. purchased a new position in Vanguard Intermediate-Term Bond ETF during the 1st quarter valued at $28,000. Kelleher Financial Advisors purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF during the third quarter valued at $30,000. Texas Capital Bancshares Inc TX purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF during the third quarter valued at $31,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of Vanguard Intermediate-Term Bond ETF in the fourth quarter worth about $31,000. Finally, Darwin Wealth Management LLC bought a new position in shares of Vanguard Intermediate-Term Bond ETF in the first quarter worth about $36,000.

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.