Fifth Third Bancorp Lowers Position in Vanguard Short-Term Bond ETF (NYSEARCA:BSV)

Fifth Third Bancorp cut its holdings in Vanguard Short-Term Bond ETF (NYSEARCA:BSV) by 6.2% in the first quarter, Holdings Channel reports. The fund owned 813,286 shares of the company’s stock after selling 53,646 shares during the quarter. Fifth Third Bancorp’s holdings in Vanguard Short-Term Bond ETF were worth $63,664,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Essential Planning LLC. raised its holdings in Vanguard Short-Term Bond ETF by 6,474.1% in the fourth quarter. Essential Planning LLC. now owns 4,825,007 shares of the company’s stock worth $374,535,000 after purchasing an additional 4,751,613 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in Vanguard Short-Term Bond ETF by 20.9% in the fourth quarter. JPMorgan Chase & Co. now owns 26,903,564 shares of the company’s stock worth $2,078,839,000 after purchasing an additional 4,647,759 shares in the last quarter. Raymond James Financial Inc. bought a new position in Vanguard Short-Term Bond ETF in the fourth quarter worth about $213,867,000. Envestnet Asset Management Inc. raised its holdings in Vanguard Short-Term Bond ETF by 4.6% in the fourth quarter. Envestnet Asset Management Inc. now owns 56,123,893 shares of the company’s stock worth $4,336,693,000 after purchasing an additional 2,456,689 shares in the last quarter. Finally, Beacon Capital Management Inc. raised its holdings in Vanguard Short-Term Bond ETF by 737.1% in the fourth quarter. Beacon Capital Management Inc. now owns 1,792,517 shares of the company’s stock worth $138,508,000 after purchasing an additional 1,578,387 shares in the last quarter.

Vanguard Short-Term Bond ETF Trading Up 0.2%

Shares of Vanguard Short-Term Bond ETF stock opened at $78.09 on Thursday. The company has a 50-day simple moving average of $78.13 and a two-hundred day simple moving average of $77.77. Vanguard Short-Term Bond ETF has a one year low of $76.33 and a one year high of $79.02.

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).