Vanguard Short-Term Bond ETF (NYSEARCA:BSV) Hits New 12-Month Low – Here’s Why

Vanguard Short-Term Bond ETF (NYSEARCA:BSV)’s stock price reached a new 52-week low during trading on Friday . The company traded as low as $77.60 and last traded at $77.61, with a volume of 550979 shares trading hands. The stock had previously closed at $77.80.

Vanguard Short-Term Bond ETF Stock Performance

The stock’s 50-day moving average is $78.13 and its 200 day moving average is $78.57.

Institutional Investors Weigh In On Vanguard Short-Term Bond ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of BSV. Brighton Jones LLC lifted its position in Vanguard Short-Term Bond ETF by 38.8% during the fourth quarter. Brighton Jones LLC now owns 11,661 shares of the company’s stock valued at $901,000 after acquiring an additional 3,262 shares during the last quarter. Russell Investments Group Ltd. acquired a new position in Vanguard Short-Term Bond ETF during the 2nd quarter valued at approximately $48,000. HUB Investment Partners LLC increased its stake in Vanguard Short-Term Bond ETF by 4.5% during the 2nd quarter. HUB Investment Partners LLC now owns 3,095 shares of the company’s stock valued at $244,000 after purchasing an additional 133 shares in the last quarter. Diversify Advisory Services LLC acquired a new position in Vanguard Short-Term Bond ETF during the 2nd quarter valued at approximately $306,000. Finally, Quantinno Capital Management LP increased its stake in Vanguard Short-Term Bond ETF by 26.1% during the 2nd quarter. Quantinno Capital Management LP now owns 11,338 shares of the company’s stock valued at $892,000 after purchasing an additional 2,345 shares in the last quarter.

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.