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

Shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) saw unusually-strong trading volume on Friday . Approximately 6,535,491 shares changed hands 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 company’s 50-day moving average price is $77.38 and its 200-day moving average price is $76.07.

Institutional Investors Weigh In On Vanguard Intermediate-Term Bond ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of BIV. Williams Financial LLC boosted its stake in shares of Vanguard Intermediate-Term Bond ETF by 6,178.1% during the 2nd quarter. Williams Financial LLC now owns 18,233,473 shares of the company’s stock worth $1,355,019,000 after buying an additional 17,943,042 shares during the last quarter. Retirement Investment Advisors Inc. acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF in the 2nd quarter valued at approximately $95,804,000. True Link Financial Advisors LLC grew its stake in shares of Vanguard Intermediate-Term Bond ETF by 31.8% in the third quarter. True Link Financial Advisors LLC now owns 3,707,227 shares of the company’s stock valued at $290,535,000 after buying an additional 894,519 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in Vanguard Intermediate-Term Bond ETF by 12.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 7,038,111 shares of the company’s stock worth $527,153,000 after buying an additional 770,007 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its position in Vanguard Intermediate-Term Bond ETF by 59.0% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 1,610,345 shares of the company’s stock worth $126,203,000 after acquiring an additional 597,770 shares in 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).