TFC Financial Management Inc. Sells 487 Shares of Vanguard Short-Term Bond ETF (NYSEARCA:BSV)

TFC Financial Management Inc. trimmed its holdings in shares of Vanguard Short-Term Bond ETF (NYSEARCA:BSV) by 0.5% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 101,890 shares of the company’s stock after selling 487 shares during the quarter. Vanguard Short-Term Bond ETF accounts for about 1.2% of TFC Financial Management Inc.’s investment portfolio, making the stock its 9th largest holding. TFC Financial Management Inc.’s holdings in Vanguard Short-Term Bond ETF were worth $7,873,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Kingsview Wealth Management LLC raised its stake in shares of Vanguard Short-Term Bond ETF by 20.6% during the third quarter. Kingsview Wealth Management LLC now owns 16,413 shares of the company’s stock valued at $1,292,000 after purchasing an additional 2,802 shares during the period. Voya Financial Advisors Inc. raised its stake in shares of Vanguard Short-Term Bond ETF by 0.9% during the third quarter. Voya Financial Advisors Inc. now owns 303,095 shares of the company’s stock valued at $23,893,000 after purchasing an additional 2,720 shares during the period. JPMorgan Chase & Co. raised its stake in shares of Vanguard Short-Term Bond ETF by 21.8% during the third quarter. JPMorgan Chase & Co. now owns 22,255,805 shares of the company’s stock valued at $1,751,309,000 after purchasing an additional 3,984,419 shares during the period. International City Management Association Retirement Corp raised its stake in shares of Vanguard Short-Term Bond ETF by 31.6% during the third quarter. International City Management Association Retirement Corp now owns 378,400 shares of the company’s stock valued at $29,776,000 after purchasing an additional 90,900 shares during the period. Finally, Culbertson A N & Co. Inc. raised its stake in shares of Vanguard Short-Term Bond ETF by 4.5% during the third quarter. Culbertson A N & Co. Inc. now owns 100,566 shares of the company’s stock valued at $7,914,000 after purchasing an additional 4,290 shares during the period.

Vanguard Short-Term Bond ETF Stock Performance

Shares of NYSEARCA:BSV opened at $77.19 on Thursday. The company has a fifty day simple moving average of $77.35 and a 200 day simple moving average of $77.76. Vanguard Short-Term Bond ETF has a 12-month low of $75.72 and a 12-month high of $79.02.

Vanguard Short-Term Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were paid a $0.2474 dividend. The ex-dividend date was Monday, February 3rd. This is a positive change 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).