Welch & Forbes LLC Decreases Stake in Vanguard Short-Term Bond ETF (NYSEARCA:BSV)

Welch & Forbes LLC reduced its stake in Vanguard Short-Term Bond ETF (NYSEARCA:BSV) by 3.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 30,806 shares of the company’s stock after selling 1,203 shares during the quarter. Welch & Forbes LLC’s holdings in Vanguard Short-Term Bond ETF were worth $2,380,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of BSV. Key Financial Inc raised its position in Vanguard Short-Term Bond ETF by 152.9% during the 4th quarter. Key Financial Inc now owns 349 shares of the company’s stock worth $27,000 after buying an additional 211 shares during the last quarter. Financial Life Planners purchased a new position in Vanguard Short-Term Bond ETF during the 4th quarter worth approximately $32,000. Truvestments Capital LLC purchased a new position in Vanguard Short-Term Bond ETF during the 3rd quarter worth approximately $36,000. Fortitude Family Office LLC purchased a new position in Vanguard Short-Term Bond ETF during the 4th quarter worth approximately $42,000. Finally, Sachetta LLC raised its position in Vanguard Short-Term Bond ETF by 201.0% during the 4th quarter. Sachetta LLC now owns 587 shares of the company’s stock worth $45,000 after buying an additional 392 shares during the last quarter.

Vanguard Short-Term Bond ETF Price Performance

BSV opened at $77.85 on Friday. Vanguard Short-Term Bond ETF has a 12-month low of $75.72 and a 12-month high of $79.02. The firm has a 50 day moving average of $77.46 and a two-hundred day moving average of $77.75.

Vanguard Short-Term Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.2474 per share. This is a positive change from Vanguard Short-Term Bond ETF’s previous dividend of $0.20. The ex-dividend date was Monday, March 3rd.

About Vanguard Short-Term Bond ETF

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).