Vanguard Short-Term Bond ETF (NYSEARCA:BSV) Reaches New 52-Week Low – Here’s Why

Vanguard Short-Term Bond ETF (NYSEARCA:BSV) shares reached a new 52-week low during trading on Wednesday . The stock traded as low as $76.52 and last traded at $76.5150, with a volume of 219002 shares changing hands. The stock had previously closed at $76.73.

Vanguard Short-Term Bond ETF Price Performance

The firm has a 50 day simple moving average of $77.37 and a 200-day simple moving average of $77.82.

Institutional Trading of Vanguard Short-Term Bond ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. JPMorgan Chase & Co. boosted its stake in Vanguard Short-Term Bond ETF by 28.7% in the 4th quarter. JPMorgan Chase & Co. now owns 32,337,635 shares of the company’s stock worth $2,548,529,000 after purchasing an additional 7,213,590 shares during the period. Bank of America Corp DE raised its stake in shares of Vanguard Short-Term Bond ETF by 29.0% in the first quarter. Bank of America Corp DE now owns 12,644,333 shares of the company’s stock worth $991,442,000 after purchasing an additional 2,845,980 shares during the last quarter. Truepoint Inc. lifted its stake in shares of Vanguard Short-Term Bond ETF by 3.8% in the 4th quarter. Truepoint Inc. now owns 6,979,556 shares of the company’s stock valued at $550,059,000 after purchasing an additional 256,915 shares during the period. Captrust Financial Advisors lifted its position in shares of Vanguard Short-Term Bond ETF by 6.6% in the fourth quarter. Captrust Financial Advisors now owns 6,289,692 shares of the company’s stock valued at $495,691,000 after acquiring an additional 386,860 shares in the last quarter. Finally, Valpey Financial Services LLC grew its holdings in shares of Vanguard Short-Term Bond ETF by 8,019.6% in the fourth quarter. Valpey Financial Services LLC now owns 4,859,594 shares of the company’s stock valued at $382,985,000 after purchasing an additional 4,799,744 shares during the period.

About Vanguard Short-Term Bond ETF

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.