Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) Sees Large Volume Increase – What’s Next?

Shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) saw an uptick in trading volume on Friday . 6,535,491 shares were traded during trading, an increase of 474% from the previous session’s volume of 1,138,273 shares.The stock last traded at $75.82 and had previously closed at $75.80.

Vanguard Intermediate-Term Bond ETF Trading Up 0.1 %

The business has a 50-day simple moving average of $77.38 and a two-hundred day simple moving average of $76.07.

Hedge Funds Weigh In On Vanguard Intermediate-Term Bond ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. FAS Wealth Partners Inc. bought a new stake in shares of Vanguard Intermediate-Term Bond ETF during the second quarter worth approximately $28,000. Blue Trust Inc. boosted 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 valued at $30,000 after purchasing an additional 189 shares during the period. Coastline Trust Co acquired a new position in Vanguard Intermediate-Term Bond ETF in the 3rd quarter valued at $32,000. Financial Connections Group Inc. bought a new position in Vanguard Intermediate-Term Bond ETF during the 2nd quarter worth $38,000. Finally, Armstrong Advisory Group Inc. increased its stake in Vanguard Intermediate-Term Bond ETF by 504.0% during the 3rd quarter. Armstrong Advisory Group Inc. now owns 610 shares of the company’s stock worth $48,000 after acquiring an additional 509 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).