Modern Wealth Management LLC Acquires New Shares in Vanguard Short-Term Bond ETF (NYSEARCA:BSV)

Modern Wealth Management LLC bought a new stake in Vanguard Short-Term Bond ETF (NYSEARCA:BSV) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 7,067 shares of the company’s stock, valued at approximately $547,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in BSV. Hershey Financial Advisers LLC bought a new stake in shares of Vanguard Short-Term Bond ETF in the fourth quarter valued at about $1,780,000. Congress Wealth Management LLC DE raised its position in Vanguard Short-Term Bond ETF by 0.4% in the 4th quarter. Congress Wealth Management LLC DE now owns 40,591 shares of the company’s stock valued at $3,137,000 after buying an additional 164 shares during the last quarter. Clune & Associates LTD. bought a new stake in Vanguard Short-Term Bond ETF in the 4th quarter valued at approximately $10,631,000. Vanguard Group Inc. boosted its position in Vanguard Short-Term Bond ETF by 27.2% during the 4th quarter. Vanguard Group Inc. now owns 563,459 shares of the company’s stock worth $43,538,000 after acquiring an additional 120,409 shares during the last quarter. Finally, LPL Financial LLC grew its stake in shares of Vanguard Short-Term Bond ETF by 17.5% during the 4th quarter. LPL Financial LLC now owns 7,059,963 shares of the company’s stock worth $545,523,000 after acquiring an additional 1,050,028 shares in the last quarter.

Vanguard Short-Term Bond ETF Trading Up 0.1 %

Shares of BSV stock opened at $78.04 on Friday. The firm’s fifty day moving average price is $77.69 and its two-hundred day moving average price is $77.72. Vanguard Short-Term Bond ETF has a 1 year low of $75.72 and a 1 year high of $79.02.

Vanguard Short-Term Bond ETF Increases Dividend

The company 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. The ex-dividend date was Monday, March 3rd. This is a boost from Vanguard Short-Term Bond ETF’s previous dividend of $0.20.

Vanguard Short-Term Bond ETF 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).