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

Modern Wealth Management LLC acquired a new position in shares of Vanguard Short-Term Bond ETF (NYSEARCA:BSV) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 7,067 shares of the company’s stock, valued at approximately $547,000.

Other large investors have also recently made changes to their positions in the company. Key Financial Inc boosted its holdings in shares of Vanguard Short-Term Bond ETF by 152.9% in 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 in the fourth quarter valued at about $32,000. Truvestments Capital LLC purchased a new position in Vanguard Short-Term Bond ETF in the third quarter valued at about $36,000. Fortitude Family Office LLC bought a new position in shares of Vanguard Short-Term Bond ETF during the 4th quarter valued at approximately $42,000. Finally, Sachetta LLC increased its stake in shares of 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 purchasing an additional 392 shares during the last quarter.

Vanguard Short-Term Bond ETF Stock Performance

Shares of BSV opened at $78.04 on Friday. Vanguard Short-Term Bond ETF has a 1 year low of $75.72 and a 1 year high of $79.02. The stock’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 Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were given 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.

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).