Valmark Advisers Inc. Buys 75,730 Shares of Vanguard Short-Term Bond ETF $BSV

Valmark Advisers Inc. increased its stake in Vanguard Short-Term Bond ETF (NYSEARCA:BSV) by 4.9% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,610,639 shares of the company’s stock after acquiring an additional 75,730 shares during the quarter. Vanguard Short-Term Bond ETF comprises 1.5% of Valmark Advisers Inc.’s holdings, making the stock its 16th largest holding. Valmark Advisers Inc. owned about 0.28% of Vanguard Short-Term Bond ETF worth $126,290,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Vanguard Short-Term Bond ETF Price Performance

BSV stock traded down $0.04 during midday trading on Friday, hitting $77.60. The stock had a trading volume of 1,572,250 shares, compared to its average volume of 2,830,977. Vanguard Short-Term Bond ETF has a 1-year low of $77.50 and a 1-year high of $79.32. The business has a fifty day moving average price of $77.85 and a two-hundred day moving average price of $78.37.

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.