Sagace Wealth Management LLC Invests $3.81 Million in Vanguard Short-Term Bond ETF (NYSEARCA:BSV)

Sagace Wealth Management LLC bought a new position in Vanguard Short-Term Bond ETF (NYSEARCA:BSV) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 49,325 shares of the company’s stock, valued at approximately $3,811,000. Vanguard Short-Term Bond ETF comprises about 2.8% of Sagace Wealth Management LLC’s investment portfolio, making the stock its 13th largest position.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in BSV. Cedar Wealth Management LLC boosted its stake in Vanguard Short-Term Bond ETF by 371.1% during the 2nd quarter. Cedar Wealth Management LLC now owns 358 shares of the company’s stock valued at $27,000 after purchasing an additional 282 shares in the last quarter. Truvestments Capital LLC bought a new position in shares of Vanguard Short-Term Bond ETF during the 3rd quarter valued at about $36,000. Fortitude Family Office LLC purchased a new stake in shares of Vanguard Short-Term Bond ETF in the fourth quarter valued at $42,000. Creative Capital Management Investments LLC purchased a new position in shares of Vanguard Short-Term Bond ETF during the third quarter valued at $52,000. Finally, Lowe Wealth Advisors LLC purchased a new stake in Vanguard Short-Term Bond ETF in the 4th quarter worth about $54,000.

Vanguard Short-Term Bond ETF Stock Performance

BSV stock opened at $77.26 on Thursday. The firm has a 50 day simple moving average of $77.35 and a 200 day simple moving average of $77.70. Vanguard Short-Term Bond ETF has a 52 week low of $75.72 and a 52 week high of $79.02.

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).