Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) Sees Large Volume Increase – Should You Buy?

Shares of Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) saw an uptick in trading volume on Monday . 6,026,879 shares changed hands during mid-day trading, an increase of 363% from the previous session’s volume of 1,302,135 shares.The stock last traded at $75.83 and had previously closed at $75.67.

Vanguard Intermediate-Term Bond ETF Stock Performance

The stock’s 50 day moving average price is $76.02 and its 200-day moving average price is $75.66.

Institutional Investors Weigh In On Vanguard Intermediate-Term Bond ETF

Several institutional investors have recently bought and sold shares of the company. LaFleur & Godfrey LLC raised its position in shares of Vanguard Intermediate-Term Bond ETF by 5.0% in the 4th quarter. LaFleur & Godfrey LLC now owns 4,163 shares of the company’s stock valued at $311,000 after purchasing an additional 198 shares during the last quarter. Choreo LLC increased its stake in Vanguard Intermediate-Term Bond ETF by 3.1% during the 4th quarter. Choreo LLC now owns 6,076 shares of the company’s stock valued at $455,000 after purchasing an additional 182 shares in the last quarter. Stockman Wealth Management Inc. increased its stake in Vanguard Intermediate-Term Bond ETF by 6.3% during the 4th quarter. Stockman Wealth Management Inc. now owns 7,092 shares of the company’s stock valued at $530,000 after purchasing an additional 422 shares in the last quarter. Stephens Inc. AR raised its holdings in shares of Vanguard Intermediate-Term Bond ETF by 7.9% in the fourth quarter. Stephens Inc. AR now owns 258,400 shares of the company’s stock worth $19,310,000 after buying an additional 18,956 shares during the last quarter. Finally, Vaughan Nelson Investment Management L.P. raised its holdings in shares of Vanguard Intermediate-Term Bond ETF by 6.3% in the fourth quarter. Vaughan Nelson Investment Management L.P. now owns 10,591 shares of the company’s stock worth $791,000 after buying an additional 628 shares during the last quarter.

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).