Vanguard Short-Term Bond ETF (NYSEARCA:BSV) Reaches New 12-Month Low – What’s Next?

Shares of Vanguard Short-Term Bond ETF (NYSEARCA:BSV) hit a new 52-week low during trading on Friday . The stock traded as low as $77.79 and last traded at $77.79, with a volume of 296 shares. The stock had previously closed at $77.95.

Vanguard Short-Term Bond ETF Stock Performance

The firm’s fifty day simple moving average is $78.32 and its 200 day simple moving average is $78.68.

Institutional Trading of Vanguard Short-Term Bond ETF

Several hedge funds have recently bought and sold shares of BSV. Waverly Advisors LLC grew its stake in shares of Vanguard Short-Term Bond ETF by 30.7% during the 1st quarter. Waverly Advisors LLC now owns 29,492 shares of the company’s stock worth $2,312,000 after acquiring an additional 6,924 shares in the last quarter. GC Wealth Management RIA LLC grew its stake in shares of Vanguard Short-Term Bond ETF by 2.8% during the 1st quarter. GC Wealth Management RIA LLC now owns 10,511 shares of the company’s stock worth $824,000 after acquiring an additional 287 shares in the last quarter. Compound Planning Inc. grew its stake in shares of Vanguard Short-Term Bond ETF by 35.7% during the 1st quarter. Compound Planning Inc. now owns 99,854 shares of the company’s stock worth $7,830,000 after acquiring an additional 26,246 shares in the last quarter. Alamar Capital Management LLC bought a new position in shares of Vanguard Short-Term Bond ETF during the 1st quarter worth approximately $440,000. Finally, Ascension Capital Advisors Inc. bought a new position in shares of Vanguard Short-Term Bond ETF during the 1st quarter worth approximately $258,000.

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.