Vanguard Short-Term Bond ETF $BSV Shares Sold by Richmond Brothers Inc.

Richmond Brothers Inc. trimmed its holdings in shares of Vanguard Short-Term Bond ETF (NYSEARCA:BSV) by 50.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 96,547 shares of the company’s stock after selling 100,043 shares during the quarter. Vanguard Short-Term Bond ETF accounts for about 4.8% of Richmond Brothers Inc.’s portfolio, making the stock its 5th largest position. Richmond Brothers Inc.’s holdings in Vanguard Short-Term Bond ETF were worth $7,618,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in BSV. Atlantic Union Bankshares Corp purchased a new stake in shares of Vanguard Short-Term Bond ETF during the second quarter worth about $28,000. Lowe Brockenbrough & Co. Inc. boosted its stake in Vanguard Short-Term Bond ETF by 253.6% in the 3rd quarter. Lowe Brockenbrough & Co. Inc. now owns 389 shares of the company’s stock worth $31,000 after purchasing an additional 279 shares in the last quarter. Sound Income Strategies LLC grew its position in Vanguard Short-Term Bond ETF by 104.9% during the 3rd quarter. Sound Income Strategies LLC now owns 506 shares of the company’s stock worth $40,000 after purchasing an additional 259 shares during the last quarter. Delos Wealth Advisors LLC purchased a new stake in Vanguard Short-Term Bond ETF during the 2nd quarter worth approximately $43,000. Finally, Cedar Wealth Management LLC acquired a new position in Vanguard Short-Term Bond ETF during the 2nd quarter valued at approximately $45,000.

Vanguard Short-Term Bond ETF Stock Up 0.0%

NYSEARCA BSV opened at $79.05 on Friday. Vanguard Short-Term Bond ETF has a 12-month low of $77.45 and a 12-month high of $79.21. The company has a fifty day simple moving average of $78.83 and a two-hundred day simple moving average of $78.86.

Vanguard Short-Term Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were given a dividend of $0.2658 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 4.0%.

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.