Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) Sets New 12-Month High – What’s Next?

Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV)’s stock price hit a new 52-week high on Friday . The stock traded as high as $79.01 and last traded at $79.01, with a volume of 460482 shares traded. The stock had previously closed at $78.82.

Vanguard Intermediate-Term Bond ETF Price Performance

The business has a 50 day moving average of $78.06 and a 200 day moving average of $78.10.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd will be paid a $0.2514 dividend. The ex-dividend date is Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%.

Institutional Trading of Vanguard Intermediate-Term Bond ETF

Several institutional investors have recently made changes to their positions in the business. Evolution Wealth Management Inc. acquired a new stake in Vanguard Intermediate-Term Bond ETF during the 2nd quarter valued at $26,000. Blue Trust Inc. boosted its stake in Vanguard Intermediate-Term Bond ETF by 85.5% in the third quarter. Blue Trust Inc. now owns 371 shares of the company’s stock worth $29,000 after purchasing an additional 171 shares in the last quarter. First Community Trust NA acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF in the third quarter valued at $30,000. Kelleher Financial Advisors acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF in the third quarter valued at $30,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of Vanguard Intermediate-Term Bond ETF in the fourth quarter valued at about $31,000.

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). The Index includes all medium and larger issues of the United States Government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities between 5 and 10 years and are publicly issued.