PAX Financial Group LLC Has $1.97 Million Stock Position in Vanguard Short-Term Bond ETF $BSV

PAX Financial Group LLC reduced its stake in Vanguard Short-Term Bond ETF (NYSEARCA:BSV) by 47.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 25,046 shares of the company’s stock after selling 22,541 shares during the quarter. PAX Financial Group LLC’s holdings in Vanguard Short-Term Bond ETF were worth $1,974,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in BSV. Lowe Brockenbrough & Co. Inc. raised its position in shares of Vanguard Short-Term Bond ETF by 253.6% in the 3rd quarter. Lowe Brockenbrough & Co. Inc. now owns 389 shares of the company’s stock worth $31,000 after acquiring an additional 279 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Vanguard Short-Term Bond ETF in the 4th quarter worth about $31,000. Kelleher Financial Advisors bought a new position in shares of Vanguard Short-Term Bond ETF in the 3rd quarter worth about $31,000. SOA Wealth Advisors LLC. raised its position in shares of Vanguard Short-Term Bond ETF by 386.5% in the 4th quarter. SOA Wealth Advisors LLC. now owns 467 shares of the company’s stock worth $37,000 after acquiring an additional 371 shares in the last quarter. Finally, Texas Capital Bancshares Inc TX bought a new position in shares of Vanguard Short-Term Bond ETF in the 3rd quarter worth about $48,000.

Vanguard Short-Term Bond ETF Price Performance

BSV stock opened at $77.95 on Friday. The stock has a 50-day moving average price of $78.32 and a 200-day moving average price of $78.68. Vanguard Short-Term Bond ETF has a 1-year low of $77.86 and a 1-year high of $79.32.

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). 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.