Vanguard Short-Term Bond ETF (NYSEARCA:BSV) Sets New 1-Year High – Should You Buy?

Vanguard Short-Term Bond ETF (NYSEARCA:BSV)’s stock price hit a new 52-week high during mid-day trading on Friday . The company traded as high as $79.28 and last traded at $79.2650, with a volume of 371447 shares. The stock had previously closed at $79.18.

Vanguard Short-Term Bond ETF Price Performance

The company’s fifty day moving average is $78.86 and its 200 day moving average is $78.88.

Vanguard Short-Term Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd will be paid a $0.2415 dividend. The ex-dividend date is Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%.

Institutional Trading of Vanguard Short-Term Bond ETF

Several large investors have recently bought and sold shares of the company. D.A. Davidson & CO. grew its stake in Vanguard Short-Term Bond ETF by 4.6% in the 3rd quarter. D.A. Davidson & CO. now owns 955,584 shares of the company’s stock valued at $75,405,000 after purchasing an additional 41,653 shares during the period. Integris Wealth Management LLC lifted its stake in shares of Vanguard Short-Term Bond ETF by 2.0% during the 3rd quarter. Integris Wealth Management LLC now owns 769,343 shares of the company’s stock valued at $60,709,000 after buying an additional 14,939 shares in the last quarter. Voya Financial Advisors Inc. grew its position in shares of Vanguard Short-Term Bond ETF by 7.7% in the third quarter. Voya Financial Advisors Inc. now owns 386,343 shares of the company’s stock valued at $30,478,000 after purchasing an additional 27,459 shares in the last quarter. Human Investing LLC raised its stake in shares of Vanguard Short-Term Bond ETF by 10.1% during the 3rd quarter. Human Investing LLC now owns 446,060 shares of the company’s stock valued at $35,199,000 after purchasing an additional 40,981 shares during the period. Finally, Clark Asset Management LLC raised its stake in shares of Vanguard Short-Term Bond ETF by 10.8% during the 3rd quarter. Clark Asset Management LLC now owns 409,927 shares of the company’s stock valued at $32,347,000 after purchasing an additional 39,837 shares during the period.

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). 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.