PFG Advisors Invests $2.15 Million in Vanguard Short-Term Bond ETF $BSV

PFG Advisors purchased a new stake in Vanguard Short-Term Bond ETF (NYSEARCA:BSV) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 27,209 shares of the company’s stock, valued at approximately $2,147,000.

A number of other hedge funds have also modified their holdings of BSV. JPMorgan Chase & Co. boosted its position in Vanguard Short-Term Bond ETF by 58.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 32,198,341 shares of the company’s stock worth $2,534,010,000 after acquiring an additional 11,848,817 shares during the last quarter. Corient Private Wealth LLC raised its holdings in shares of Vanguard Short-Term Bond ETF by 79.5% in the second quarter. Corient Private Wealth LLC now owns 5,928,304 shares of the company’s stock valued at $448,360,000 after purchasing an additional 2,624,848 shares during the last quarter. CW Advisors LLC raised its holdings in shares of Vanguard Short-Term Bond ETF by 1,748.0% in the second quarter. CW Advisors LLC now owns 918,429 shares of the company’s stock valued at $72,280,000 after purchasing an additional 868,730 shares during the last quarter. Empower Advisory Group LLC lifted its position in shares of Vanguard Short-Term Bond ETF by 4.6% in the second quarter. Empower Advisory Group LLC now owns 18,101,201 shares of the company’s stock worth $1,424,564,000 after purchasing an additional 800,357 shares in the last quarter. Finally, Savvy Advisors Inc. lifted its position in shares of Vanguard Short-Term Bond ETF by 815.8% in the third quarter. Savvy Advisors Inc. now owns 391,994 shares of the company’s stock worth $30,932,000 after purchasing an additional 349,191 shares in the last quarter.

Vanguard Short-Term Bond ETF Stock Performance

Shares of BSV opened at $78.69 on Wednesday. Vanguard Short-Term Bond ETF has a 12 month low of $77.59 and a 12 month high of $79.32. The firm has a fifty day simple moving average of $78.87 and a 200 day simple moving average of $78.89.

Vanguard Short-Term Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were paid a dividend of $0.2415 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date was Monday, March 2nd.

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.