Vanguard Short-Term Bond ETF $BSV Shares Acquired by Cherry Tree Wealth Management LLC

Cherry Tree Wealth Management LLC increased its holdings in Vanguard Short-Term Bond ETF (NYSEARCA:BSV) by 6.0% in the third quarter, Holdings Channel.com reports. The firm owned 119,871 shares of the company’s stock after purchasing an additional 6,762 shares during the period. Vanguard Short-Term Bond ETF accounts for 2.1% of Cherry Tree Wealth Management LLC’s investment portfolio, making the stock its 15th largest holding. Cherry Tree Wealth Management LLC’s holdings in Vanguard Short-Term Bond ETF were worth $9,459,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the business. Mercer Global Advisors Inc. ADV boosted its stake in Vanguard Short-Term Bond ETF by 11.1% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 37,853,211 shares of the company’s stock worth $2,986,997,000 after buying an additional 3,776,279 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of Vanguard Short-Term Bond ETF by 58.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 32,198,341 shares of the company’s stock valued at $2,534,010,000 after acquiring an additional 11,848,817 shares during the last quarter. Northern Trust Corp increased its stake in shares of Vanguard Short-Term Bond ETF by 8.8% during the 3rd quarter. Northern Trust Corp now owns 10,810,141 shares of the company’s stock valued at $853,028,000 after acquiring an additional 874,382 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of Vanguard Short-Term Bond ETF by 23.1% during the 3rd quarter. Bank of America Corp DE now owns 9,197,184 shares of the company’s stock worth $725,750,000 after acquiring an additional 1,728,431 shares during the period. Finally, Truepoint Inc. lifted its holdings in shares of Vanguard Short-Term Bond ETF by 4.8% during the 3rd quarter. Truepoint Inc. now owns 6,722,641 shares of the company’s stock worth $530,484,000 after acquiring an additional 306,847 shares during the period.

Vanguard Short-Term Bond ETF Price Performance

BSV opened at $78.57 on Wednesday. Vanguard Short-Term Bond ETF has a 1 year low of $77.59 and a 1 year high of $79.32. The company’s 50 day simple moving average is $78.84 and its 200 day simple moving average is $78.88.

Vanguard Short-Term Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.2415 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 3.7%.

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). 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.