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

Shah Wealth Advisors LLC purchased a new position in shares of Vanguard Short-Term Bond ETF (NYSEARCA:BSV) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 93,651 shares of the company’s stock, valued at approximately $7,296,000. Vanguard Short-Term Bond ETF accounts for about 1.7% of Shah Wealth Advisors LLC’s portfolio, making the stock its 18th largest holding.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. raised its stake in Vanguard Short-Term Bond ETF by 28.7% during the fourth 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. Valpey Financial Services LLC grew its stake in shares of Vanguard Short-Term Bond ETF by 8,019.6% in the 4th quarter. Valpey Financial Services LLC now owns 4,859,594 shares of the company’s stock valued at $382,985,000 after buying an additional 4,799,744 shares during the period. Mercer Global Advisors Inc. ADV grew its stake in shares of Vanguard Short-Term Bond ETF by 9.5% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 41,443,879 shares of the company’s stock valued at $3,266,192,000 after buying an additional 3,590,668 shares during the period. Bank of America Corp DE increased its holdings in shares of Vanguard Short-Term Bond ETF by 29.0% during 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. Finally, Corient Private Wealth LLC increased its holdings in shares of Vanguard Short-Term Bond ETF by 79.5% during the 2nd quarter. Corient Private Wealth LLC now owns 5,928,304 shares of the company’s stock worth $448,360,000 after buying an additional 2,624,848 shares during the last quarter.

Vanguard Short-Term Bond ETF Price Performance

BSV stock opened at $77.22 on Friday. The firm’s 50 day moving average price is $77.57 and its 200-day moving average price is $78.02. Vanguard Short-Term Bond ETF has a one year low of $77.10 and a one 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.