Vanguard Short Duration Bond ETF (BATS:VSDB) Stock Price Breaks Above 50-Day Moving Average – Here’s Why

Shares of Vanguard Short Duration Bond ETF (BATS:VSDB) passed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of $75.09 and traded as high as $75.15. Vanguard Short Duration Bond ETF shares last traded at $75.11, with a volume of 56,318 shares changing hands.

Vanguard Short Duration Bond ETF Stock Up 0.1%

The stock has a fifty day moving average price of $75.09 and a 200-day moving average price of $75.98.

Institutional Trading of Vanguard Short Duration Bond ETF

A number of large investors have recently bought and sold shares of the stock. Orgel Wealth Management LLC raised its stake in Vanguard Short Duration Bond ETF by 135.0% during the second quarter. Orgel Wealth Management LLC now owns 8,199,393 shares of the company’s stock worth $625,942,000 after acquiring an additional 4,710,224 shares in the last quarter. NorthLanding Financial Partners LLC bought a new position in shares of Vanguard Short Duration Bond ETF during the second quarter valued at $21,554,000. Beaird Harris Wealth Management LLC lifted its holdings in shares of Vanguard Short Duration Bond ETF by 51.5% during the second quarter. Beaird Harris Wealth Management LLC now owns 203,992 shares of the company’s stock valued at $15,573,000 after acquiring an additional 69,337 shares during the period. Keystone Financial Group Inc. boosted its stake in shares of Vanguard Short Duration Bond ETF by 41.5% in the 3rd quarter. Keystone Financial Group Inc. now owns 85,323 shares of the company’s stock valued at $6,370,000 after purchasing an additional 25,009 shares in the last quarter. Finally, CGN Advisors LLC boosted its stake in shares of Vanguard Short Duration Bond ETF by 33.3% in the 2nd quarter. CGN Advisors LLC now owns 94,661 shares of the company’s stock valued at $7,226,000 after purchasing an additional 23,647 shares in the last quarter.

About Vanguard Short Duration Bond ETF

Vanguard Malvern Funds – Vanguard Short Duration Bond ETF is an exchange traded fund launched and managed by The Vanguard Group, Inc The fund invests in the fixed income markets of the United States. The fund primarily invests in bonds, which include fixed income securities such as corporate bonds, U.S. Treasury obligations and other U.S. government and agency securities, and asset-backed, mortgage-backed and mortgage-related securities. It invests in bond with dollar-weighted average maturity between 1 and 5 years.