Bank of Nova Scotia Makes New $19.73 Million Investment in Vanguard Short-Term Bond ETF $BSV

Bank of Nova Scotia purchased a new stake in Vanguard Short-Term Bond ETF (NYSEARCA:BSV) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 250,000 shares of the company’s stock, valued at approximately $19,728,000. Bank of Nova Scotia owned approximately 0.05% of Vanguard Short-Term Bond ETF at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in BSV. Brighton Jones LLC raised its stake in Vanguard Short-Term Bond ETF by 38.8% during the 4th quarter. Brighton Jones LLC now owns 11,661 shares of the company’s stock worth $901,000 after buying an additional 3,262 shares during the period. Citizens Financial Group Inc. RI grew its stake in Vanguard Short-Term Bond ETF by 0.5% in the second quarter. Citizens Financial Group Inc. RI now owns 39,268 shares of the company’s stock valued at $3,090,000 after acquiring an additional 205 shares during the period. Kingsview Wealth Management LLC grew its stake in Vanguard Short-Term Bond ETF by 32.9% in the second quarter. Kingsview Wealth Management LLC now owns 25,136 shares of the company’s stock valued at $1,978,000 after acquiring an additional 6,229 shares during the period. Rockefeller Capital Management L.P. increased its holdings in shares of Vanguard Short-Term Bond ETF by 20.6% during the second quarter. Rockefeller Capital Management L.P. now owns 52,328 shares of the company’s stock valued at $4,118,000 after acquiring an additional 8,940 shares in the last quarter. Finally, Tortoise Investment Management LLC increased its holdings in shares of Vanguard Short-Term Bond ETF by 6.1% during the second quarter. Tortoise Investment Management LLC now owns 6,236 shares of the company’s stock valued at $491,000 after acquiring an additional 361 shares in the last quarter.

Vanguard Short-Term Bond ETF Stock Up 0.2%

Shares of NYSEARCA:BSV opened at $78.50 on Tuesday. Vanguard Short-Term Bond ETF has a twelve month low of $77.59 and a twelve month high of $79.32. The stock’s 50 day moving average is $78.84 and its 200-day moving average is $78.88.

Vanguard Short-Term Bond ETF Cuts Dividend

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

Vanguard Short-Term Bond ETF 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.