Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) Sees Large Volume Increase – Here’s Why

Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) shares saw unusually-strong trading volume on Monday . Approximately 1,416,273 shares changed hands during trading, an increase of 5% from the previous session’s volume of 1,350,864 shares.The stock last traded at $74.51 and had previously closed at $74.65.

Vanguard Intermediate-Term Bond ETF Price Performance

The firm’s fifty day simple moving average is $75.48 and its 200-day simple moving average is $76.42.

Hedge Funds Weigh In On Vanguard Intermediate-Term Bond ETF

Hedge funds have recently bought and sold shares of the stock. Blue Trust Inc. grew its stake in Vanguard Intermediate-Term Bond ETF by 88.7% in the 3rd quarter. Blue Trust Inc. now owns 402 shares of the company’s stock worth $30,000 after acquiring an additional 189 shares during the period. Coastline Trust Co purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF in the third quarter valued at $32,000. Armstrong Advisory Group Inc. grew its position in shares of Vanguard Intermediate-Term Bond ETF by 504.0% in the third quarter. Armstrong Advisory Group Inc. now owns 610 shares of the company’s stock valued at $48,000 after purchasing an additional 509 shares during the period. Bell Investment Advisors Inc acquired a new position in Vanguard Intermediate-Term Bond ETF in the second quarter valued at $59,000. Finally, Sugarloaf Wealth Management LLC lifted its position in Vanguard Intermediate-Term Bond ETF by 35.3% during the third quarter. Sugarloaf Wealth Management LLC now owns 1,031 shares of the company’s stock worth $81,000 after buying an additional 269 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).