Vanguard Short-Term Bond ETF (NYSEARCA:BSV) Sees Large Volume Increase – Still a Buy?

Shares of Vanguard Short-Term Bond ETF (NYSEARCA:BSV) saw strong trading volume on Wednesday . 6,087,839 shares traded hands during trading, an increase of 116% from the previous session’s volume of 2,818,268 shares.The stock last traded at $77.65 and had previously closed at $77.91.

Vanguard Short-Term Bond ETF Trading Down 0.4%

The stock’s 50-day moving average is $77.97 and its 200 day moving average is $78.44.

Hedge Funds Weigh In On Vanguard Short-Term Bond ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Paladin Partners LLC raised its stake in Vanguard Short-Term Bond ETF by 3.4% in the first quarter. Paladin Partners LLC now owns 25,807 shares of the company’s stock valued at $2,024,000 after buying an additional 857 shares during the period. Western Wealth Management LLC raised its stake in Vanguard Short-Term Bond ETF by 76.3% in the 1st quarter. Western Wealth Management LLC now owns 23,503 shares of the company’s stock worth $1,843,000 after purchasing an additional 10,173 shares in the last quarter. Pine Valley Investments Ltd Liability Co boosted its holdings in Vanguard Short-Term Bond ETF by 3.2% in the 1st quarter. Pine Valley Investments Ltd Liability Co now owns 7,244 shares of the company’s stock valued at $568,000 after purchasing an additional 228 shares during the period. Wealthquest Corp grew its position in shares of Vanguard Short-Term Bond ETF by 4.1% during the 1st quarter. Wealthquest Corp now owns 455,014 shares of the company’s stock worth $35,678,000 after purchasing an additional 18,086 shares in the last quarter. Finally, DBK Financial Counsel LLC increased its holdings in shares of Vanguard Short-Term Bond ETF by 7.8% during the first quarter. DBK Financial Counsel LLC now owns 61,068 shares of the company’s stock worth $4,788,000 after purchasing an additional 4,414 shares during the period.

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). 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.