Vanguard Short-Term Bond ETF (NYSEARCA:BSV) Sets New 12-Month Low – Here’s What Happened
by Mitch Edgeman · The Markets DailyVanguard Short-Term Bond ETF (NYSEARCA:BSV – Get Free Report) hit a new 52-week low on Wednesday . The stock traded as low as $77.10 and last traded at $77.1550, with a volume of 51534 shares traded. The stock had previously closed at $77.18.
Vanguard Short-Term Bond ETF Price Performance
The stock’s fifty day moving average is $77.54 and its two-hundred day moving average is $77.98.
Institutional Investors Weigh In On Vanguard Short-Term Bond ETF
Hedge funds have recently made changes to their positions in the business. Mercer Global Advisors Inc. ADV boosted its position in Vanguard Short-Term Bond ETF by 9.5% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 41,443,879 shares of the company’s stock worth $3,266,192,000 after acquiring an additional 3,590,668 shares during the period. JPMorgan Chase & Co. raised its stake in shares of Vanguard Short-Term Bond ETF by 28.7% during the fourth quarter. JPMorgan Chase & Co. now owns 32,337,635 shares of the company’s stock valued at $2,548,529,000 after purchasing an additional 7,213,590 shares in the last quarter. Allworth Financial LP lifted its holdings in Vanguard Short-Term Bond ETF by 2.4% in the fourth quarter. Allworth Financial LP now owns 19,624,938 shares of the company’s stock worth $1,546,641,000 after purchasing an additional 464,718 shares during the period. Bank of America Corp DE grew its position in Vanguard Short-Term Bond ETF by 29.0% in the 1st quarter. Bank of America Corp DE now owns 12,644,333 shares of the company’s stock valued at $991,442,000 after buying an additional 2,845,980 shares in the last quarter. Finally, Northern Trust Corp increased its stake in Vanguard Short-Term Bond ETF by 5.5% during the 4th quarter. Northern Trust Corp now owns 11,403,361 shares of the company’s stock valued at $898,699,000 after buying an additional 593,220 shares during the period.
Vanguard Short-Term Bond ETF Company Profile
Vanguard Short-Term Bond ETF (the Fund) seeks to track the performance of a market-weighted bond index with a short-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. 1-5 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 of between 1 and 5 years and are publicly issued.
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