Vanguard Short-Term Bond ETF (NYSEARCA:BSV) Stock Price Breaks Above 50-Day Moving Average – Here’s Why

Shares of Vanguard Short-Term Bond ETF (NYSEARCA:BSV) crossed above its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of $76.79 and traded as high as $76.95. Vanguard Short-Term Bond ETF shares last traded at $76.91, with a volume of 1,837,654 shares.

Vanguard Short-Term Bond ETF Stock Up 0.2%

The business has a fifty day moving average price of $76.79 and a 200-day moving average price of $77.84.

Institutional Trading of Vanguard Short-Term Bond ETF

A number of hedge funds have recently bought and sold shares of the company. Compass Financial Management LLC purchased a new position in Vanguard Short-Term Bond ETF in the 2nd quarter worth $31,000. Signature Equity Partners LLC boosted its position in Vanguard Short-Term Bond ETF by 44.1% during the first quarter. Signature Equity Partners LLC now owns 611 shares of the company’s stock valued at $48,000 after buying an additional 187 shares during the period. Atomic Invest LLC purchased a new stake in Vanguard Short-Term Bond ETF during the second quarter valued at about $51,000. Glen Eagle Advisors LLC boosted its position in Vanguard Short-Term Bond ETF by 71.1% during the first quarter. Glen Eagle Advisors LLC now owns 664 shares of the company’s stock valued at $52,000 after buying an additional 276 shares during the period. Finally, Allied Private Wealth LLC bought a new position in shares of Vanguard Short-Term Bond ETF during the second quarter valued at about $52,000.

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.