Sax Wealth Advisors LLC Grows Stock Position in Vanguard Short-Term Bond ETF $BSV

Sax Wealth Advisors LLC raised its holdings in shares of Vanguard Short-Term Bond ETF (NYSEARCA:BSV) by 768.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 240,584 shares of the company’s stock after acquiring an additional 212,892 shares during the quarter. Vanguard Short-Term Bond ETF makes up 0.7% of Sax Wealth Advisors LLC’s investment portfolio, making the stock its 27th largest position. Sax Wealth Advisors LLC’s holdings in Vanguard Short-Term Bond ETF were worth $18,864,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in BSV. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in shares of Vanguard Short-Term Bond ETF during the 4th quarter worth approximately $25,000. IFC & Insurance Marketing Inc. acquired a new stake in Vanguard Short-Term Bond ETF during the 4th quarter valued at $26,000. Colonial Trust Advisors acquired a new stake in Vanguard Short-Term Bond ETF during the 4th quarter valued at $30,000. Blueline Advisors LLC purchased a new position in Vanguard Short-Term Bond ETF during the fourth quarter worth $31,000. Finally, Kelleher Financial Advisors purchased a new position in Vanguard Short-Term Bond ETF during the third quarter worth $31,000.

Vanguard Short-Term Bond ETF Price Performance

NYSEARCA BSV opened at $77.56 on Friday. Vanguard Short-Term Bond ETF has a fifty-two week low of $77.35 and a fifty-two week high of $79.32. The business has a fifty day moving average of $77.68 and a 200-day moving average of $78.20.

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.