Montecito Bank & Trust Purchases Shares of 17,404 Vanguard Short-Term Bond ETF (NYSEARCA:BSV)

Montecito Bank & Trust acquired a new position in Vanguard Short-Term Bond ETF (NYSEARCA:BSV) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 17,404 shares of the company’s stock, valued at approximately $1,370,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of BSV. Cedar Wealth Management LLC grew its holdings in Vanguard Short-Term Bond ETF by 371.1% in the second quarter. Cedar Wealth Management LLC now owns 358 shares of the company’s stock worth $27,000 after purchasing an additional 282 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Vanguard Short-Term Bond ETF during the 2nd quarter worth $30,000. Creative Capital Management Investments LLC acquired a new position in Vanguard Short-Term Bond ETF during the 3rd quarter valued at about $52,000. Triad Wealth Partners LLC purchased a new stake in Vanguard Short-Term Bond ETF in the second quarter valued at about $56,000. Finally, GPS Wealth Strategies Group LLC boosted its holdings in Vanguard Short-Term Bond ETF by 122.3% in the second quarter. GPS Wealth Strategies Group LLC now owns 838 shares of the company’s stock worth $64,000 after acquiring an additional 461 shares in the last quarter.

Vanguard Short-Term Bond ETF Stock Performance

Shares of BSV stock opened at $77.27 on Thursday. Vanguard Short-Term Bond ETF has a fifty-two week low of $75.14 and a fifty-two week high of $79.02. The stock’s 50-day simple moving average is $78.21 and its 200-day simple moving average is $77.35.

Vanguard Short-Term Bond ETF 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).