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

Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) shares hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $75.61 and last traded at $75.62, with a volume of 241848 shares traded. The stock had previously closed at $75.77.

Vanguard Intermediate-Term Bond ETF Stock Performance

The business’s 50-day simple moving average is $76.30 and its 200 day simple moving average is $77.16.

Hedge Funds Weigh In On Vanguard Intermediate-Term Bond ETF

Several institutional investors and hedge funds have recently made changes to their positions in BIV. CRA Financial Services LLC lifted its position in Vanguard Intermediate-Term Bond ETF by 3.8% in the fourth quarter. CRA Financial Services LLC now owns 3,530 shares of the company’s stock worth $275,000 after buying an additional 130 shares during the last quarter. Raleigh Capital Management Inc. boosted its stake in Vanguard Intermediate-Term Bond ETF by 6.1% during the first quarter. Raleigh Capital Management Inc. now owns 2,294 shares of the company’s stock worth $177,000 after buying an additional 132 shares during the period. World Equity Group Inc. increased its position in Vanguard Intermediate-Term Bond ETF by 3.7% during the fourth quarter. World Equity Group Inc. now owns 3,853 shares of the company’s stock valued at $300,000 after acquiring an additional 138 shares during the last quarter. Tcfg Wealth Management LLC increased its position in Vanguard Intermediate-Term Bond ETF by 4.2% during the first quarter. Tcfg Wealth Management LLC now owns 3,506 shares of the company’s stock valued at $271,000 after acquiring an additional 141 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC raised its stake in shares of Vanguard Intermediate-Term Bond ETF by 2.1% in the second quarter. Wealthcare Advisory Partners LLC now owns 7,608 shares of the company’s stock valued at $584,000 after acquiring an additional 153 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.