Vanguard Short-Term Bond ETF (NYSEARCA:BSV) Increases Dividend to $0.27 Per Share

Vanguard Short-Term Bond ETF (NYSEARCA:BSV) announced a monthly dividend on Tuesday, January 27th. Stockholders of record on Monday, November 2nd will be given a dividend of $0.2743 per share on Wednesday, November 4th. This represents a $3.29 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date is Monday, November 2nd. This is a 2.4% increase from Vanguard Short-Term Bond ETF’s previous monthly dividend of $0.2680.

Vanguard Short-Term Bond ETF Stock Performance

Shares of BSV stock opened at $77.08 on Friday. Vanguard Short-Term Bond ETF has a 1-year low of $76.02 and a 1-year high of $79.32. The business has a 50-day moving average of $76.78 and a 200 day moving average of $77.83.

Institutional Trading of Vanguard Short-Term Bond ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Bank of America Corp DE increased its stake in shares of Vanguard Short-Term Bond ETF by 29.0% in the first quarter. Bank of America Corp DE now owns 12,644,333 shares of the company’s stock worth $991,442,000 after buying an additional 2,845,980 shares during the period. Allied Investment Advisors LLC boosted its position in Vanguard Short-Term Bond ETF by 551.4% during the 3rd quarter. Allied Investment Advisors LLC now owns 1,784,911 shares of the company’s stock valued at $136,367,000 after buying an additional 1,510,920 shares during the period. Envestnet Asset Management Inc. boosted its position in Vanguard Short-Term Bond ETF by 2.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 32,321,588 shares of the company’s stock valued at $2,518,121,000 after buying an additional 801,126 shares during the period. Fifth Third Bancorp boosted its position in Vanguard Short-Term Bond ETF by 80.6% during the 1st quarter. Fifth Third Bancorp now owns 1,590,842 shares of the company’s stock valued at $124,738,000 after buying an additional 710,115 shares during the period. Finally, The Manufacturers Life Insurance Company grew its holdings in Vanguard Short-Term Bond ETF by 384.4% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 893,913 shares of the company’s stock worth $71,231,000 after acquiring an additional 709,389 shares during the last quarter.

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.