Vanguard Short-Term Bond ETF (NYSEARCA:BSV) Sets New 12-Month Low – Here’s Why

Shares of Vanguard Short-Term Bond ETF (NYSEARCA:BSV) hit a new 52-week low during trading on Wednesday . The stock traded as low as $77.55 and last traded at $77.56, with a volume of 105064 shares. The stock had previously closed at $77.63.

Vanguard Short-Term Bond ETF Trading Down 0.1%

The stock’s 50-day moving average is $77.89 and its two-hundred day moving average is $78.39.

Hedge Funds Weigh In On Vanguard Short-Term Bond ETF

Hedge funds have recently bought and sold shares of the company. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in Vanguard Short-Term Bond ETF during the fourth quarter worth about $25,000. IFC & Insurance Marketing Inc. purchased a new position in shares of Vanguard Short-Term Bond ETF in the fourth quarter valued at approximately $26,000. Colonial Trust Advisors acquired a new position in shares of Vanguard Short-Term Bond ETF in the fourth quarter valued at approximately $30,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Vanguard Short-Term Bond ETF during the 4th quarter worth approximately $31,000. Finally, Blueline Advisors LLC purchased a new stake in Vanguard Short-Term Bond ETF during the 4th quarter worth approximately $31,000.

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.