Bank of America Corp DE Buys 1,728,431 Shares of Vanguard Short-Term Bond ETF $BSV

Bank of America Corp DE lifted its stake in shares of Vanguard Short-Term Bond ETF (NYSEARCA:BSV) by 23.1% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 9,197,184 shares of the company’s stock after purchasing an additional 1,728,431 shares during the quarter. Bank of America Corp DE owned 1.84% of Vanguard Short-Term Bond ETF worth $725,750,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of BSV. Lowe Brockenbrough & Co. Inc. lifted its position in Vanguard Short-Term Bond ETF by 253.6% during the third quarter. Lowe Brockenbrough & Co. Inc. now owns 389 shares of the company’s stock worth $31,000 after purchasing an additional 279 shares during the period. Kelleher Financial Advisors bought a new position in Vanguard Short-Term Bond ETF in the 3rd quarter valued at about $31,000. Sound Income Strategies LLC increased its holdings in Vanguard Short-Term Bond ETF by 104.9% in the 3rd quarter. Sound Income Strategies LLC now owns 506 shares of the company’s stock valued at $40,000 after buying an additional 259 shares during the period. Delos Wealth Advisors LLC acquired a new position in shares of Vanguard Short-Term Bond ETF in the 2nd quarter valued at approximately $43,000. Finally, Traub Capital Management LLC acquired a new position in shares of Vanguard Short-Term Bond ETF in the 2nd quarter valued at approximately $47,000.

Vanguard Short-Term Bond ETF Stock Up 0.2%

Shares of Vanguard Short-Term Bond ETF stock opened at $78.50 on Tuesday. The company has a 50 day moving average of $78.84 and a 200-day moving average of $78.88. Vanguard Short-Term Bond ETF has a 1-year low of $77.59 and a 1-year high of $79.32.

Vanguard Short-Term Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were given a dividend of $0.2415 per share. 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.