D.A. Davidson & CO. Cuts Position in Vanguard Short-Term Bond ETF (NYSEARCA:BSV)

D.A. Davidson & CO. reduced its stake in shares of Vanguard Short-Term Bond ETF (NYSEARCA:BSV) by 42.2% in the second quarter, HoldingsChannel reports. The firm owned 802,908 shares of the company’s stock after selling 585,287 shares during the period. Vanguard Short-Term Bond ETF makes up approximately 0.6% of D.A. Davidson & CO.’s investment portfolio, making the stock its 28th largest position. D.A. Davidson & CO.’s holdings in Vanguard Short-Term Bond ETF were worth $60,676,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. raised its holdings in Vanguard Short-Term Bond ETF by 19.8% in the second quarter. JPMorgan Chase & Co. now owns 17,195,179 shares of the company’s stock worth $1,299,440,000 after purchasing an additional 2,840,167 shares in the last quarter. Northern Trust Corp raised its stake in shares of Vanguard Short-Term Bond ETF by 80.6% during the 2nd quarter. Northern Trust Corp now owns 4,779,062 shares of the company’s stock worth $361,154,000 after acquiring an additional 2,133,522 shares in the last quarter. Capital Performance Advisors LLP lifted its position in Vanguard Short-Term Bond ETF by 5.3% during the second quarter. Capital Performance Advisors LLP now owns 17,982 shares of the company’s stock valued at $1,359,000 after acquiring an additional 912 shares during the last quarter. Prudent Man Advisors LLC boosted its stake in Vanguard Short-Term Bond ETF by 13.0% in the second quarter. Prudent Man Advisors LLC now owns 92,902 shares of the company’s stock valued at $7,021,000 after acquiring an additional 10,700 shares in the last quarter. Finally, WFA of San Diego LLC purchased a new position in Vanguard Short-Term Bond ETF in the second quarter worth $151,000.

Vanguard Short-Term Bond ETF Stock Performance

Shares of BSV traded up $0.08 during midday trading on Tuesday, hitting $75.79. 298,720 shares of the company’s stock traded hands, compared to its average volume of 2,736,036. Vanguard Short-Term Bond ETF has a 1 year low of $74.61 and a 1 year high of $77.15. The firm’s fifty day moving average is $75.14 and its 200-day moving average is $75.50.

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).