Vanguard Short-Term Bond ETF $BSV Shares Sold by Richmond Brothers Inc.

Richmond Brothers Inc. cut its holdings in Vanguard Short-Term Bond ETF (NYSEARCA:BSV) by 64.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,594 shares of the company’s stock after selling 61,953 shares during the period. Vanguard Short-Term Bond ETF comprises about 1.7% of Richmond Brothers Inc.’s holdings, making the stock its 20th largest position. Richmond Brothers Inc.’s holdings in Vanguard Short-Term Bond ETF were worth $2,726,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Mercer Global Advisors Inc. ADV raised its stake in Vanguard Short-Term Bond ETF by 11.1% in the third quarter. Mercer Global Advisors Inc. ADV now owns 37,853,211 shares of the company’s stock valued at $2,986,997,000 after buying an additional 3,776,279 shares in the last quarter. JPMorgan Chase & Co. raised its stake in Vanguard Short-Term Bond ETF by 28.7% in the fourth quarter. JPMorgan Chase & Co. now owns 32,337,635 shares of the company’s stock valued at $2,548,529,000 after buying an additional 7,213,590 shares in the last quarter. Allworth Financial LP raised its stake in Vanguard Short-Term Bond ETF by 2.4% in the fourth quarter. Allworth Financial LP now owns 19,624,938 shares of the company’s stock valued at $1,546,641,000 after buying an additional 464,718 shares in the last quarter. Northern Trust Corp raised its stake in Vanguard Short-Term Bond ETF by 8.8% in the third quarter. Northern Trust Corp now owns 10,810,141 shares of the company’s stock valued at $853,028,000 after buying an additional 874,382 shares in the last quarter. Finally, Bank of America Corp DE raised its stake in Vanguard Short-Term Bond ETF by 23.1% in the third quarter. Bank of America Corp DE now owns 9,197,184 shares of the company’s stock valued at $725,750,000 after buying an additional 1,728,431 shares in the last quarter.

Vanguard Short-Term Bond ETF Stock Performance

Vanguard Short-Term Bond ETF stock opened at $77.84 on Friday. Vanguard Short-Term Bond ETF has a 1-year low of $77.57 and a 1-year high of $79.32. The stock’s fifty day moving average is $78.09 and its two-hundred day moving average is $78.53.

Vanguard Short-Term Bond ETF Company 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.