Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) Hits New 12-Month Low – Should You Sell?

Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $73.76 and last traded at $73.7250, with a volume of 580796 shares traded. The stock had previously closed at $74.19.

Vanguard Intermediate-Term Bond ETF Price Performance

The firm has a 50 day moving average price of $75.26 and a 200-day moving average price of $76.26.

Institutional Trading of Vanguard Intermediate-Term Bond ETF

Large investors have recently bought and sold shares of the business. Gemmer Asset Management LLC grew its position in shares of 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 buying an additional 1,159 shares during the last quarter. Capital Analysts LLC lifted its holdings in Vanguard Intermediate-Term Bond ETF by 1.5% in the second quarter. Capital Analysts LLC now owns 194,572 shares of the company’s stock worth $14,923,000 after acquiring an additional 2,781 shares during the last quarter. Integrated Wealth Concepts LLC boosted its stake in Vanguard Intermediate-Term Bond ETF by 138.0% in the second quarter. Integrated Wealth Concepts LLC now owns 81,985 shares of the company’s stock valued at $6,288,000 after acquiring an additional 47,542 shares during the period. RFG Advisory LLC grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 3.7% during the second quarter. RFG Advisory LLC now owns 14,793 shares of the company’s stock valued at $1,135,000 after purchasing an additional 527 shares during the last quarter. Finally, NewEdge Advisors LLC grew its stake in Vanguard Intermediate-Term Bond ETF by 12.6% during the 2nd quarter. NewEdge Advisors LLC now owns 227,199 shares of the company’s stock worth $17,426,000 after buying an additional 25,397 shares during the last quarter.

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.