Vanguard Short-Term Bond ETF (NYSEARCA:BSV) Sees Unusually-High Trading Volume – Time to Buy?

Vanguard Short-Term Bond ETF (NYSEARCA:BSV) saw unusually-strong trading volume on Friday . Approximately 6,784,902 shares traded hands during trading, an increase of 172% from the previous session’s volume of 2,496,001 shares.The stock last traded at $76.99 and had previously closed at $77.22.

Vanguard Short-Term Bond ETF Stock Performance

The firm’s 50-day moving average is $77.37 and its two-hundred day moving average is $77.69.

Hedge Funds Weigh In On Vanguard Short-Term Bond ETF

Hedge funds have recently made changes to their positions in the company. Lowe Wealth Advisors LLC purchased a new position in shares of Vanguard Short-Term Bond ETF in the fourth quarter worth about $54,000. Ridgewood Investments LLC raised its holdings in Vanguard Short-Term Bond ETF by 117.5% in the 4th quarter. Ridgewood Investments LLC now owns 37,742 shares of the company’s stock valued at $2,916,000 after acquiring an additional 20,386 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in Vanguard Short-Term Bond ETF by 141.4% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 539,019 shares of the company’s stock worth $42,415,000 after purchasing an additional 315,754 shares in the last quarter. Fortitude Family Office LLC acquired a new position in shares of Vanguard Short-Term Bond ETF during the 4th quarter worth approximately $42,000. Finally, First Hawaiian Bank grew its position in shares of Vanguard Short-Term Bond ETF by 11.1% in the fourth quarter. First Hawaiian Bank now owns 52,393 shares of the company’s stock valued at $4,048,000 after purchasing an additional 5,248 shares in the last quarter.

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).