Shah Wealth Advisors LLC Makes New Investment in Vanguard Short-Term Bond ETF $BSV

Shah Wealth Advisors LLC purchased a new stake in shares of Vanguard Short-Term Bond ETF (NYSEARCA:BSV) in the second quarter, HoldingsChannel reports. The firm purchased 93,651 shares of the company’s stock, valued at approximately $7,296,000. Vanguard Short-Term Bond ETF comprises about 1.7% of Shah Wealth Advisors LLC’s investment portfolio, making the stock its 18th largest holding.

A number of other institutional investors and hedge funds have also made changes to their positions in BSV. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in shares of Vanguard Short-Term Bond ETF in the 4th quarter worth approximately $25,000. IFC & Insurance Marketing Inc. purchased a new stake in Vanguard Short-Term Bond ETF in the fourth quarter valued at approximately $26,000. Colonial Trust Advisors purchased a new stake in Vanguard Short-Term Bond ETF in the fourth quarter valued at approximately $30,000. Blueline Advisors LLC purchased a new stake in Vanguard Short-Term Bond ETF in the fourth quarter valued at approximately $31,000. Finally, Compass Financial Management LLC acquired a new position in Vanguard Short-Term Bond ETF during the second quarter worth $31,000.

Vanguard Short-Term Bond ETF Stock Performance

BSV opened at $77.22 on Friday. Vanguard Short-Term Bond ETF has a 52 week low of $77.10 and a 52 week high of $79.32. The business has a fifty day simple moving average of $77.57 and a 200-day simple moving average of $78.02.

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.