Vanguard Short-Term Bond ETF (NYSEARCA:BSV) Hits New 52-Week Low – Here’s What Happened

Vanguard Short-Term Bond ETF (NYSEARCA:BSVGet Free Report) hit a new 52-week low on Tuesday . The company traded as low as $76.67 and last traded at $76.72, with a volume of 2156659 shares. The stock had previously closed at $76.74.

Vanguard Short-Term Bond ETF Trading Down 0.1%

The stock’s 50-day simple moving average is $77.44 and its 200 day simple moving average is $77.88.

Institutional Investors Weigh In On Vanguard Short-Term Bond ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Martel Wealth Advisors LLC grew its stake in Vanguard Short-Term Bond ETF by 6.2% in the 2nd quarter. Martel Wealth Advisors LLC now owns 996,458 shares of the company’s stock valued at $77,634,000 after purchasing an additional 58,179 shares during the period. PNC Financial Services Group Inc. raised its stake in shares of Vanguard Short-Term Bond ETF by 6.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 200,894 shares of the company’s stock worth $15,832,000 after purchasing an additional 11,652 shares during the period. McClarren Financial Advisors Inc. bought a new stake in shares of Vanguard Short-Term Bond ETF during the 1st quarter worth $636,000. Trajan Wealth LLC raised its stake in shares of Vanguard Short-Term Bond ETF by 17.9% during the 4th quarter. Trajan Wealth LLC now owns 622,791 shares of the company’s stock worth $49,082,000 after purchasing an additional 94,754 shares during the period. Finally, MCF Advisors LLC purchased a new position in shares of Vanguard Short-Term Bond ETF in the 4th quarter worth about $2,922,000.

Vanguard Short-Term Bond ETF Company Profile

(Get Free Report)

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.

Further Reading

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