Richmond Brothers Inc. Cuts Stock Holdings in Vanguard Short-Term Bond ETF $BSV

Richmond Brothers Inc. lowered its stake in shares of Vanguard Short-Term Bond ETF (NYSEARCA:BSV) by 64.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 34,594 shares of the company’s stock after selling 61,953 shares during the quarter. Vanguard Short-Term Bond ETF accounts for about 1.7% of Richmond Brothers Inc.’s portfolio, making the stock its 20th largest position. Richmond Brothers Inc.’s holdings in Vanguard Short-Term Bond ETF were worth $2,726,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the stock. Mercer Global Advisors Inc. ADV increased its position in shares of Vanguard Short-Term Bond ETF by 11.1% during the third quarter. Mercer Global Advisors Inc. ADV now owns 37,853,211 shares of the company’s stock worth $2,986,997,000 after acquiring an additional 3,776,279 shares during the period. JPMorgan Chase & Co. increased its position in shares of 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 acquiring an additional 7,213,590 shares during the period. Allworth Financial LP increased its position in shares of Vanguard Short-Term Bond ETF by 2.4% during the fourth quarter. Allworth Financial LP now owns 19,624,938 shares of the company’s stock worth $1,546,641,000 after acquiring an additional 464,718 shares during the period. Northern Trust Corp increased its position in shares of Vanguard Short-Term Bond ETF by 8.8% during the third quarter. Northern Trust Corp now owns 10,810,141 shares of the company’s stock worth $853,028,000 after acquiring an additional 874,382 shares during the period. Finally, Bank of America Corp DE increased its position in shares of Vanguard Short-Term Bond ETF by 23.1% during the third quarter. Bank of America Corp DE now owns 9,197,184 shares of the company’s stock worth $725,750,000 after acquiring an additional 1,728,431 shares during the period.

Vanguard Short-Term Bond ETF Stock Up 0.2%

Vanguard Short-Term Bond ETF stock opened at $77.84 on Friday. Vanguard Short-Term Bond ETF has a twelve month low of $77.57 and a twelve month high of $79.32. The stock’s fifty day simple moving average is $78.09 and its 200-day simple moving average is $78.53.

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.