Northwestern Mutual Wealth Management Co. Trims Holdings in Vanguard Short-Term Bond ETF $BSV

Northwestern Mutual Wealth Management Co. cut its holdings in Vanguard Short-Term Bond ETF (NYSEARCA:BSV) by 95.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 63,610 shares of the company’s stock after selling 1,348,596 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Vanguard Short-Term Bond ETF were worth $5,013,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Lowe Brockenbrough & Co. Inc. grew its position in shares of Vanguard Short-Term Bond ETF by 253.6% in the 3rd quarter. Lowe Brockenbrough & Co. Inc. now owns 389 shares of the company’s stock worth $31,000 after buying an additional 279 shares during the period. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Vanguard Short-Term Bond ETF in the 4th quarter worth about $31,000. Kelleher Financial Advisors purchased a new stake in shares of Vanguard Short-Term Bond ETF in the 3rd quarter worth about $31,000. SOA Wealth Advisors LLC. grew its position in shares of Vanguard Short-Term Bond ETF by 386.5% in the 4th quarter. SOA Wealth Advisors LLC. now owns 467 shares of the company’s stock worth $37,000 after buying an additional 371 shares during the period. Finally, Texas Capital Bancshares Inc TX purchased a new stake in shares of Vanguard Short-Term Bond ETF in the 3rd quarter worth about $48,000.

Vanguard Short-Term Bond ETF Price Performance

NYSEARCA:BSV opened at $77.86 on Friday. The firm’s 50-day moving average price is $78.22 and its 200-day moving average price is $78.63. Vanguard Short-Term Bond ETF has a 1-year low of $77.64 and a 1-year high of $79.32.

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.