Parkworth Wealth Management Inc. Makes New Investment in Vanguard Short-Term Bond ETF (NYSEARCA:BSV)

Parkworth Wealth Management Inc. purchased a new stake in shares of Vanguard Short-Term Bond ETF (NYSEARCA:BSV) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 42,617 shares of the company’s stock, valued at approximately $3,293,000. Vanguard Short-Term Bond ETF accounts for approximately 2.7% of Parkworth Wealth Management Inc.’s investment portfolio, making the stock its 11th biggest holding.

A number of other hedge funds also recently made changes to their positions in the stock. EverSource Wealth Advisors LLC grew its stake in shares of Vanguard Short-Term Bond ETF by 29.4% during the 4th quarter. EverSource Wealth Advisors LLC now owns 279,260 shares of the company’s stock valued at $21,578,000 after acquiring an additional 63,414 shares during the period. Sequoia Financial Advisors LLC boosted its stake in Vanguard Short-Term Bond ETF by 8,092.7% in the 4th quarter. Sequoia Financial Advisors LLC now owns 323,777 shares of the company’s stock worth $25,018,000 after purchasing an additional 319,825 shares during the period. Idaho Trust Bank bought a new position in Vanguard Short-Term Bond ETF in the 4th quarter worth approximately $350,000. HighTower Advisors LLC boosted its stake in Vanguard Short-Term Bond ETF by 3.4% in the 4th quarter. HighTower Advisors LLC now owns 579,641 shares of the company’s stock worth $44,789,000 after purchasing an additional 19,074 shares during the period. Finally, AGF Management Ltd. boosted its stake in Vanguard Short-Term Bond ETF by 17.4% in the 4th quarter. AGF Management Ltd. now owns 54,535 shares of the company’s stock worth $4,214,000 after purchasing an additional 8,100 shares during the period.

Vanguard Short-Term Bond ETF Stock Performance

BSV stock opened at $77.95 on Wednesday. Vanguard Short-Term Bond ETF has a 1-year low of $75.72 and a 1-year high of $79.02. The business has a 50 day simple moving average of $77.49 and a two-hundred day simple moving average of $77.74.

Vanguard Short-Term Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were paid a $0.2474 dividend. This is an increase from Vanguard Short-Term Bond ETF’s previous dividend of $0.20. The ex-dividend date of this dividend was Monday, March 3rd.

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).