Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) Reaches New 52-Week High at $78.89

Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)’s share price reached a new 52-week high on Tuesday . The company traded as high as $78.89 and last traded at $78.89, with a volume of 8709 shares. The stock had previously closed at $78.84.

Vanguard Intermediate-Term Bond ETF Trading Down 0.3 %

The firm’s 50-day moving average price is $77.19 and its 200-day moving average price is $75.49.

Institutional Investors Weigh In On Vanguard Intermediate-Term Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Williams Financial LLC lifted its holdings in shares of Vanguard Intermediate-Term Bond ETF by 6,178.1% in the 2nd quarter. Williams Financial LLC now owns 18,233,473 shares of the company’s stock worth $1,355,019,000 after acquiring an additional 17,943,042 shares during the last quarter. Retirement Investment Advisors Inc. bought a new stake in Vanguard Intermediate-Term Bond ETF in the second quarter worth about $95,804,000. Northwestern Mutual Wealth Management Co. lifted its stake in Vanguard Intermediate-Term Bond ETF by 12.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 7,038,111 shares of the company’s stock worth $527,153,000 after purchasing an additional 770,007 shares during the last quarter. True Link Financial Advisors LLC boosted its position in shares of Vanguard Intermediate-Term Bond ETF by 35.9% during the first quarter. True Link Financial Advisors LLC now owns 2,699,290 shares of the company’s stock valued at $203,526,000 after buying an additional 713,168 shares during the period. Finally, EP Wealth Advisors LLC grew its stake in shares of Vanguard Intermediate-Term Bond ETF by 37.0% during the second quarter. EP Wealth Advisors LLC now owns 2,193,072 shares of the company’s stock valued at $164,239,000 after buying an additional 592,113 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).