Valmark Advisers Inc. Has $126.29 Million Holdings in Vanguard Short-Term Bond ETF $BSV

Valmark Advisers Inc. lifted its stake in shares of Vanguard Short-Term Bond ETF (NYSEARCA:BSV) by 4.9% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 1,610,639 shares of the company’s stock after buying an additional 75,730 shares during the period. Vanguard Short-Term Bond ETF accounts for about 1.5% of Valmark Advisers Inc.’s investment portfolio, making the stock its 16th biggest holding. Valmark Advisers Inc.’s holdings in Vanguard Short-Term Bond ETF were worth $126,290,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. PNC Financial Services Group Inc. increased its position in Vanguard Short-Term Bond ETF by 6.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 200,894 shares of the company’s stock valued at $15,832,000 after buying an additional 11,652 shares in the last quarter. Evolution Advisers Inc. boosted its holdings in Vanguard Short-Term Bond ETF by 5.0% in the fourth quarter. Evolution Advisers Inc. now owns 233,077 shares of the company’s stock worth $18,368,000 after acquiring an additional 11,098 shares in the last quarter. Compass Planning Associates Inc boosted its holdings in Vanguard Short-Term Bond ETF by 73.5% in the fourth quarter. Compass Planning Associates Inc now owns 288,726 shares of the company’s stock worth $22,754,000 after acquiring an additional 122,291 shares in the last quarter. Bath Savings Trust Co grew its stake in Vanguard Short-Term Bond ETF by 20.0% in the fourth quarter. Bath Savings Trust Co now owns 82,904 shares of the company’s stock valued at $6,534,000 after acquiring an additional 13,841 shares during the period. Finally, REDW Wealth LLC increased its holdings in shares of Vanguard Short-Term Bond ETF by 4.8% during the fourth quarter. REDW Wealth LLC now owns 167,017 shares of the company’s stock valued at $13,163,000 after acquiring an additional 7,631 shares in the last quarter.

Vanguard Short-Term Bond ETF Price Performance

Shares of NYSEARCA:BSV traded down $0.04 during trading on Friday, reaching $77.60. 1,572,250 shares of the stock were exchanged, compared to its average volume of 2,830,977. Vanguard Short-Term Bond ETF has a 1-year low of $77.50 and a 1-year high of $79.32. The stock has a fifty day moving average of $77.85 and a two-hundred day moving average of $78.37.

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.