Peirce Capital Management LLC Makes New $1.48 Million Investment in Vanguard Short-Term Bond ETF (NYSEARCA:BSV)

Peirce Capital Management LLC acquired a new stake in Vanguard Short-Term Bond ETF (NYSEARCA:BSV) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 19,201 shares of the company’s stock, valued at approximately $1,479,000. Vanguard Short-Term Bond ETF comprises 0.9% of Peirce Capital Management LLC’s holdings, making the stock its 15th largest position.

A number of other institutional investors have also modified their holdings of the company. Mather Group LLC. acquired a new position in Vanguard Short-Term Bond ETF during the first quarter worth approximately $669,000. Merit Financial Group LLC increased its position in Vanguard Short-Term Bond ETF by 37.2% during the first quarter. Merit Financial Group LLC now owns 4,508 shares of the company’s stock worth $351,000 after purchasing an additional 1,223 shares during the last quarter. NewEdge Advisors LLC increased its position in Vanguard Short-Term Bond ETF by 9.4% during the first quarter. NewEdge Advisors LLC now owns 225,032 shares of the company’s stock worth $17,530,000 after purchasing an additional 19,411 shares during the last quarter. Equitable Holdings Inc. increased its position in Vanguard Short-Term Bond ETF by 0.8% during the first quarter. Equitable Holdings Inc. now owns 62,988 shares of the company’s stock worth $4,907,000 after purchasing an additional 526 shares during the last quarter. Finally, Guardian Wealth Management Inc. increased its position in Vanguard Short-Term Bond ETF by 25.2% during the first quarter. Guardian Wealth Management Inc. now owns 2,013 shares of the company’s stock worth $157,000 after purchasing an additional 405 shares during the last quarter.

Vanguard Short-Term Bond ETF Stock Performance

BSV stock traded down $0.05 on Tuesday, hitting $75.85. 483,655 shares of the company were exchanged, compared to its average volume of 1,896,224. Vanguard Short-Term Bond ETF has a twelve month low of $74.61 and a twelve month high of $77.32. The business’s fifty day moving average is $76.49 and its two-hundred day moving average is $76.21.

Vanguard Short-Term Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were paid a dividend of $0.2043 per share. This is an increase from Vanguard Short-Term Bond ETF’s previous dividend of $0.15. The ex-dividend date of this dividend was Monday, April 1st.

Vanguard Short-Term Bond ETF Profile

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).