Vanguard Short-Term Bond ETF $BSV Shares Sold by Cresset Asset Management LLC

Cresset Asset Management LLC trimmed its position in Vanguard Short-Term Bond ETF (NYSEARCA:BSV) by 49.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,495 shares of the company’s stock after selling 12,048 shares during the quarter. Cresset Asset Management LLC’s holdings in Vanguard Short-Term Bond ETF were worth $986,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Atlantic Union Bankshares Corp purchased a new position in Vanguard Short-Term Bond ETF in the second quarter valued at $28,000. Lowe Brockenbrough & Co. Inc. lifted its holdings in Vanguard Short-Term Bond ETF by 253.6% during the 3rd quarter. Lowe Brockenbrough & Co. Inc. now owns 389 shares of the company’s stock worth $31,000 after buying an additional 279 shares during the last quarter. Sound Income Strategies LLC boosted its position in shares of 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 acquiring an additional 259 shares in the last quarter. Delos Wealth Advisors LLC acquired a new position in shares of Vanguard Short-Term Bond ETF during the 2nd quarter worth about $43,000. Finally, Cedar Wealth Management LLC purchased a new position in shares of Vanguard Short-Term Bond ETF in the 2nd quarter valued at about $45,000.

Vanguard Short-Term Bond ETF Price Performance

Shares of NYSEARCA BSV opened at $78.69 on Wednesday. Vanguard Short-Term Bond ETF has a fifty-two week low of $77.59 and a fifty-two week high of $79.32. The stock’s 50-day simple moving average is $78.87 and its 200-day simple moving average is $78.89.

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 $0.2415 dividend. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date was Monday, March 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.