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

Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) saw unusually-strong trading volume on Monday . Approximately 1,416,273 shares were traded during mid-day 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 Stock Performance

The firm’s 50-day moving average is $75.48 and its 200 day moving average is $76.42.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BIV. Northwestern Mutual Wealth Management Co. increased its position in shares of 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 acquiring an additional 770,007 shares in the last quarter. LPL Financial LLC raised its position in Vanguard Intermediate-Term Bond ETF by 3.7% in the third quarter. LPL Financial LLC now owns 3,868,222 shares of the company’s stock valued at $303,153,000 after purchasing an additional 139,780 shares during the period. True Link Financial Advisors LLC raised its position in 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 purchasing an additional 894,519 shares during the period. EP Wealth Advisors LLC lifted its stake in shares of Vanguard Intermediate-Term Bond ETF by 38.5% during the third quarter. EP Wealth Advisors LLC now owns 3,037,989 shares of the company’s stock worth $238,087,000 after purchasing an additional 844,917 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its position in shares of Vanguard Intermediate-Term Bond ETF by 59.0% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 1,610,345 shares of the company’s stock worth $126,203,000 after buying an additional 597,770 shares during the period.

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).