Axxcess Wealth Management LLC Sells 6,372 Shares of Vanguard Short-Term Bond ETF $BSV

Axxcess Wealth Management LLC decreased its holdings in Vanguard Short-Term Bond ETF (NYSEARCA:BSV) by 66.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,227 shares of the company’s stock after selling 6,372 shares during the period. Axxcess Wealth Management LLC’s holdings in Vanguard Short-Term Bond ETF were worth $255,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of BSV. JPMorgan Chase & Co. raised 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 purchasing an additional 11,848,817 shares during the period. Allworth Financial LP boosted its stake in Vanguard Short-Term Bond ETF by 1.5% in the 2nd quarter. Allworth Financial LP now owns 18,685,793 shares of the company’s stock worth $1,470,572,000 after purchasing an additional 267,419 shares during the period. Empower Advisory Group LLC grew its holdings in Vanguard Short-Term Bond ETF by 4.6% during the 2nd quarter. Empower Advisory Group LLC now owns 18,101,201 shares of the company’s stock valued at $1,424,564,000 after buying an additional 800,357 shares in the last quarter. Truepoint Inc. increased its position in shares of Vanguard Short-Term Bond ETF by 1.2% during the second quarter. Truepoint Inc. now owns 6,415,794 shares of the company’s stock valued at $504,923,000 after buying an additional 77,960 shares during the period. Finally, Corient Private Wealth LLC increased its position in shares of Vanguard Short-Term Bond ETF by 79.5% during the second quarter. Corient Private Wealth LLC now owns 5,928,304 shares of the company’s stock valued at $448,360,000 after buying an additional 2,624,848 shares during the period.

Vanguard Short-Term Bond ETF Stock Performance

BSV stock opened at $79.18 on Tuesday. The firm has a 50 day moving average of $78.84 and a 200-day moving average of $78.87. Vanguard Short-Term Bond ETF has a 12 month low of $77.59 and a 12 month high of $79.21.

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 issued a $0.2658 dividend. This represents a c) annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend was Monday, February 2nd.

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.