PCG Asset Management LLC Acquires New Shares in Vanguard Short-Term Bond ETF (NYSEARCA:BSV)

PCG Asset Management LLC bought a new stake in Vanguard Short-Term Bond ETF (NYSEARCA:BSV) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 72,579 shares of the company’s stock, valued at approximately $5,608,000. Vanguard Short-Term Bond ETF makes up approximately 4.9% of PCG Asset Management LLC’s investment portfolio, making the stock its 2nd biggest holding.

Several other hedge funds also recently bought and sold shares of BSV. Prudent Man Advisors LLC increased its stake in shares of Vanguard Short-Term Bond ETF by 17.9% during the 4th quarter. Prudent Man Advisors LLC now owns 74,828 shares of the company’s stock worth $5,782,000 after purchasing an additional 11,351 shares during the last quarter. Fisher Asset Management LLC boosted its holdings in Vanguard Short-Term Bond ETF by 157.0% in the fourth quarter. Fisher Asset Management LLC now owns 7,624 shares of the company’s stock worth $589,000 after purchasing an additional 4,658 shares in the last quarter. SVB Wealth LLC acquired a new position in Vanguard Short-Term Bond ETF during the fourth quarter worth $354,000. Dynasty Wealth Management LLC increased its position in Vanguard Short-Term Bond ETF by 0.8% during the fourth quarter. Dynasty Wealth Management LLC now owns 83,081 shares of the company’s stock worth $6,420,000 after buying an additional 689 shares during the last quarter. Finally, Parkside Financial Bank & Trust raised its holdings in Vanguard Short-Term Bond ETF by 29.3% during the fourth quarter. Parkside Financial Bank & Trust now owns 206,326 shares of the company’s stock valued at $15,943,000 after buying an additional 46,808 shares in the last quarter.

Vanguard Short-Term Bond ETF Trading Up 0.2 %

BSV opened at $78.11 on Friday. The stock has a 50-day moving average of $77.38 and a 200-day moving average of $77.75. Vanguard Short-Term Bond ETF has a 52-week low of $75.72 and a 52-week high of $79.02.

Vanguard Short-Term Bond ETF Increases Dividend

The business also recently announced a dividend, which will be paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd will be given a dividend of $0.2474 per share. The ex-dividend date of this dividend is Monday, March 3rd. This is a boost from Vanguard Short-Term Bond ETF’s previous dividend of $0.20.

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).