Vanguard Short-Term Bond ETF (NYSEARCA:BSV) Hits New 1-Year Low – Here’s Why

Vanguard Short-Term Bond ETF (NYSEARCA:BSV) reached a new 52-week low during trading on Tuesday . The company traded as low as $77.13 and last traded at $77.19, with a volume of 80664 shares traded. The stock had previously closed at $77.50.

Vanguard Short-Term Bond ETF Price Performance

The company has a 50-day simple moving average of $77.63 and a 200-day simple moving average of $78.06.

Institutional Inflows and Outflows

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

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.