Intelligent Financial Strategies Invests $9.08 Million in Vanguard Short-Term Bond ETF $BSV

Intelligent Financial Strategies bought a new stake in shares of Vanguard Short-Term Bond ETF (NYSEARCA:BSV) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 123,649 shares of the company’s stock, valued at approximately $9,077,000. Vanguard Short-Term Bond ETF comprises 4.4% of Intelligent Financial Strategies’ investment portfolio, making the stock its 6th largest holding.

A number of other hedge funds and other institutional investors have also modified their holdings of BSV. Martel Wealth Advisors LLC boosted its holdings in shares of Vanguard Short-Term Bond ETF by 6.2% in the second quarter. Martel Wealth Advisors LLC now owns 996,458 shares of the company’s stock worth $77,634,000 after buying an additional 58,179 shares during the period. PNC Financial Services Group Inc. lifted its position in shares of Vanguard Short-Term Bond ETF by 6.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 200,894 shares of the company’s stock valued at $15,832,000 after acquiring an additional 11,652 shares in the last quarter. REDW Wealth LLC boosted its stake in Vanguard Short-Term Bond ETF by 4.8% in the 4th quarter. REDW Wealth LLC now owns 167,017 shares of the company’s stock worth $13,163,000 after purchasing an additional 7,631 shares during the period. Clark Asset Management LLC boosted its stake in Vanguard Short-Term Bond ETF by 14.3% in the 4th quarter. Clark Asset Management LLC now owns 468,403 shares of the company’s stock worth $36,915,000 after purchasing an additional 58,476 shares during the period. Finally, Level Financial Advisors grew its position in Vanguard Short-Term Bond ETF by 6.4% during the 4th quarter. Level Financial Advisors now owns 209,820 shares of the company’s stock worth $16,536,000 after purchasing an additional 12,587 shares in the last quarter.

Vanguard Short-Term Bond ETF Price Performance

Shares of NYSEARCA:BSV opened at $77.69 on Friday. The company’s fifty day moving average is $77.66 and its two-hundred day moving average is $78.16. Vanguard Short-Term Bond ETF has a 12-month low of $77.35 and a 12-month high of $79.32.

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). 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.