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

Vanguard Short-Term Bond ETF (NYSEARCA:BSV)’s stock price hit a new 52-week low on Thursday . The stock traded as low as $77.37 and last traded at $77.38, with a volume of 129133 shares trading hands. The stock had previously closed at $77.47.

Vanguard Short-Term Bond ETF Stock Down 0.1%

The stock’s fifty day moving average price is $77.77 and its 200-day moving average price is $78.30.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in shares of Vanguard Short-Term Bond ETF in the 4th quarter worth approximately $25,000. IFC & Insurance Marketing Inc. acquired a new position in Vanguard Short-Term Bond ETF during the fourth quarter worth $26,000. Colonial Trust Advisors purchased a new stake in Vanguard Short-Term Bond ETF during the fourth quarter worth $30,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Vanguard Short-Term Bond ETF during the fourth quarter worth $31,000. Finally, Blueline Advisors LLC acquired a new stake in Vanguard Short-Term Bond ETF in the fourth quarter valued at $31,000.

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.