Vanguard Short-Term Bond ETF $BSV Shares Bought by Cherry Tree Wealth Management LLC

Cherry Tree Wealth Management LLC grew its stake in Vanguard Short-Term Bond ETF (NYSEARCA:BSV) by 6.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 119,871 shares of the company’s stock after acquiring an additional 6,762 shares during the quarter. Vanguard Short-Term Bond ETF comprises approximately 2.1% of Cherry Tree Wealth Management LLC’s portfolio, making the stock its 15th biggest holding. Cherry Tree Wealth Management LLC’s holdings in Vanguard Short-Term Bond ETF were worth $9,459,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also made changes to their positions in the company. Lowe Brockenbrough & Co. Inc. increased its position in Vanguard Short-Term Bond ETF by 253.6% during the 3rd quarter. Lowe Brockenbrough & Co. Inc. now owns 389 shares of the company’s stock worth $31,000 after purchasing an additional 279 shares in the last quarter. Kelleher Financial Advisors acquired a new stake in shares of Vanguard Short-Term Bond ETF during the 3rd quarter worth about $31,000. Sound Income Strategies LLC boosted its stake in shares of Vanguard Short-Term Bond ETF by 104.9% during the 3rd quarter. Sound Income Strategies LLC now owns 506 shares of the company’s stock worth $40,000 after purchasing an additional 259 shares during the last quarter. Delos Wealth Advisors LLC purchased a new stake in shares of Vanguard Short-Term Bond ETF during the second quarter worth about $43,000. Finally, Traub Capital Management LLC purchased a new stake in shares of Vanguard Short-Term Bond ETF during the second quarter worth about $47,000.

Vanguard Short-Term Bond ETF Price Performance

NYSEARCA:BSV opened at $78.57 on Wednesday. The firm has a 50 day simple moving average of $78.84 and a 200-day simple moving average of $78.88. Vanguard Short-Term Bond ETF has a 1-year low of $77.59 and a 1-year high of $79.32.

Vanguard Short-Term Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were paid a $0.2415 dividend. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend was Monday, March 2nd.

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.