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

Shares of Vanguard Short-Term Bond ETF (NYSEARCA:BSV) passed below its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of $76.68 and traded as low as $76.59. Vanguard Short-Term Bond ETF shares last traded at $76.67, with a volume of 2,567,003 shares changing hands.

Vanguard Short-Term Bond ETF Stock Performance

The firm’s 50 day simple moving average is $76.68 and its 200-day simple moving average is $77.76.

Hedge Funds Weigh In On Vanguard Short-Term Bond ETF

Several hedge funds and other institutional investors have recently made changes to their positions in BSV. Allworth Financial LP increased its holdings in Vanguard Short-Term Bond ETF by 22.0% in the 3rd quarter. Allworth Financial LP now owns 18,706,621 shares of the company’s stock valued at $1,457,433,000 after purchasing an additional 3,373,330 shares in the last quarter. Bank of America Corp DE raised its position in 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 valued at $991,442,000 after purchasing an additional 2,845,980 shares during the period. Allied Investment Advisors LLC raised its position in Vanguard Short-Term Bond ETF by 551.4% in the third quarter. Allied Investment Advisors LLC now owns 1,784,911 shares of the company’s stock valued at $136,367,000 after purchasing an additional 1,510,920 shares during the period. Envestnet Asset Management Inc. lifted its stake in shares of Vanguard Short-Term Bond ETF by 2.5% during the second quarter. Envestnet Asset Management Inc. now owns 32,321,588 shares of the company’s stock worth $2,518,121,000 after purchasing an additional 801,126 shares in the last quarter. Finally, The Manufacturers Life Insurance Company lifted its stake in shares of Vanguard Short-Term Bond ETF by 384.4% during the second quarter. The Manufacturers Life Insurance Company now owns 893,913 shares of the company’s stock worth $71,231,000 after purchasing an additional 709,389 shares in 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.