Vanguard Short-Term Bond ETF (NYSEARCA:BSV) Share Price Breaks Above 50-Day Moving Average – Time to Sell?

Vanguard Short-Term Bond ETF (NYSEARCA:BSV)’s share price crossed above its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of $76.79 and traded as high as $76.95. Vanguard Short-Term Bond ETF shares last traded at $76.91, with a volume of 1,837,654 shares trading hands.

Vanguard Short-Term Bond ETF Stock Performance

The stock has a 50 day moving average price of $76.79 and a 200 day moving average price of $77.84.

Institutional Investors Weigh In On Vanguard Short-Term Bond ETF

Several large investors have recently modified their holdings of BSV. Bank of America Corp DE increased its holdings in shares of Vanguard Short-Term Bond ETF by 29.0% in the 1st quarter. Bank of America Corp DE now owns 12,644,333 shares of the company’s stock worth $991,442,000 after buying an additional 2,845,980 shares during the last quarter. Allied Investment Advisors LLC raised its position in shares of Vanguard Short-Term Bond ETF by 551.4% during the 3rd quarter. Allied Investment Advisors LLC now owns 1,784,911 shares of the company’s stock valued at $136,367,000 after buying an additional 1,510,920 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Vanguard Short-Term Bond ETF by 2.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 32,321,588 shares of the company’s stock worth $2,518,121,000 after acquiring an additional 801,126 shares during the last quarter. Fifth Third Bancorp lifted its holdings in shares of Vanguard Short-Term Bond ETF by 80.6% during the 1st quarter. Fifth Third Bancorp now owns 1,590,842 shares of the company’s stock worth $124,738,000 after acquiring an additional 710,115 shares during the last quarter. Finally, The Manufacturers Life Insurance Company lifted its holdings in shares of Vanguard Short-Term Bond ETF by 384.4% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 893,913 shares of the company’s stock worth $71,231,000 after acquiring an additional 709,389 shares during the last quarter.

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.