Vanguard Short-Term Bond ETF $BSV Shares Sold by M&T Bank Corp

M&T Bank Corp cut its stake in shares of Vanguard Short-Term Bond ETF (NYSEARCA:BSV) by 95.6% during the fourth quarter, HoldingsChannel.com reports. The firm owned 9,757 shares of the company’s stock after selling 213,067 shares during the period. M&T Bank Corp’s holdings in Vanguard Short-Term Bond ETF were worth $769,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in BSV. Lowe Brockenbrough & Co. Inc. grew its stake in shares of Vanguard Short-Term Bond ETF by 253.6% during the 3rd quarter. Lowe Brockenbrough & Co. Inc. now owns 389 shares of the company’s stock worth $31,000 after purchasing an additional 279 shares during the period. Kelleher Financial Advisors acquired a new position in shares of Vanguard Short-Term Bond ETF during the 3rd quarter worth $31,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Vanguard Short-Term Bond ETF during the 4th quarter worth $31,000. SOA Wealth Advisors LLC. grew its stake in shares of Vanguard Short-Term Bond ETF by 386.5% during the 4th quarter. SOA Wealth Advisors LLC. now owns 467 shares of the company’s stock worth $37,000 after purchasing an additional 371 shares during the period. Finally, Russell Investments Group Ltd. acquired a new position in shares of Vanguard Short-Term Bond ETF during the 2nd quarter worth $48,000.

Vanguard Short-Term Bond ETF Stock Down 0.3%

NYSEARCA:BSV opened at $78.08 on Friday. Vanguard Short-Term Bond ETF has a fifty-two week low of $77.78 and a fifty-two week high of $79.32. The firm’s fifty day simple moving average is $78.49 and its 200-day simple moving average is $78.75.

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.