Vanguard Short-Term Bond ETF (NYSEARCA:BSV) Sets New 1-Year Low – What’s Next?

Vanguard Short-Term Bond ETF (NYSEARCA:BSV) reached a new 52-week low during trading on Tuesday . The company traded as low as $77.46 and last traded at $77.47, with a volume of 1630844 shares changing hands. The stock had previously closed at $77.60.

Vanguard Short-Term Bond ETF Stock Performance

The company’s 50 day simple moving average is $77.82 and its two-hundred day simple moving average is $78.35.

Hedge Funds Weigh In On Vanguard Short-Term Bond ETF

Large investors have recently made changes to their positions in the stock. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its holdings in Vanguard Short-Term Bond ETF by 4.0% in the 2nd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 47,292 shares of the company’s stock valued at $3,685,000 after purchasing an additional 1,826 shares during the last quarter. Martel Wealth Advisors LLC raised its position in Vanguard Short-Term Bond ETF by 6.2% in the second quarter. Martel Wealth Advisors LLC now owns 996,458 shares of the company’s stock valued at $77,634,000 after purchasing an additional 58,179 shares during the period. Thompson Investment Management Inc. lifted its stake in Vanguard Short-Term Bond ETF by 1.2% during the second quarter. Thompson Investment Management Inc. now owns 27,588 shares of the company’s stock worth $2,149,000 after purchasing an additional 337 shares in the last quarter. Arnold Financial Planning LLC acquired a new position in Vanguard Short-Term Bond ETF during the second quarter worth $247,000. Finally, Echo45 Advisors LLC lifted its stake in Vanguard Short-Term Bond ETF by 5.6% during the second quarter. Echo45 Advisors LLC now owns 97,127 shares of the company’s stock worth $7,567,000 after purchasing an additional 5,156 shares in the last quarter.

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.