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

Vanguard Short-Term Bond ETF (NYSEARCA:BSV) hit a new 52-week high on Friday . The company traded as high as $79.28 and last traded at $79.2650, with a volume of 371447 shares changing hands. The stock had previously closed at $79.18.

Vanguard Short-Term Bond ETF Stock Performance

The firm has a 50 day simple moving average of $78.86 and a 200 day simple moving average of $78.88.

Vanguard Short-Term Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, March 4th. Investors of record on Monday, March 2nd will be issued a $0.2415 dividend. This represents a c) dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend is Monday, March 2nd.

Institutional Trading of Vanguard Short-Term Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Mercer Global Advisors Inc. ADV lifted its holdings in shares of Vanguard Short-Term Bond ETF by 9.5% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 41,443,879 shares of the company’s stock worth $3,266,192,000 after buying an additional 3,590,668 shares in the last quarter. JPMorgan Chase & Co. increased its stake in Vanguard Short-Term Bond ETF by 28.7% in the 4th quarter. JPMorgan Chase & Co. now owns 32,337,635 shares of the company’s stock worth $2,548,529,000 after acquiring an additional 7,213,590 shares during the last quarter. Allworth Financial LP raised its holdings in shares of Vanguard Short-Term Bond ETF by 2.4% during the 4th quarter. Allworth Financial LP now owns 19,624,938 shares of the company’s stock worth $1,546,641,000 after acquiring an additional 464,718 shares in the last quarter. Empower Advisory Group LLC boosted its position in shares of Vanguard Short-Term Bond ETF by 4.6% during the 2nd quarter. Empower Advisory Group LLC now owns 18,101,201 shares of the company’s stock valued at $1,424,564,000 after acquiring an additional 800,357 shares during the last quarter. Finally, Northern Trust Corp grew its holdings in shares of Vanguard Short-Term Bond ETF by 5.5% in the fourth quarter. Northern Trust Corp now owns 11,403,361 shares of the company’s stock valued at $898,699,000 after purchasing an additional 593,220 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). 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.