Dakota Wealth Management Invests $1.47 Million in Vanguard Short-Term Bond ETF $BSV

Dakota Wealth Management bought a new stake in Vanguard Short-Term Bond ETF (NYSEARCA:BSV) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 18,612 shares of the company’s stock, valued at approximately $1,467,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Lowe Brockenbrough & Co. Inc. lifted its position 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 acquiring an additional 279 shares during the period. Kelleher Financial Advisors acquired a new position in shares of Vanguard Short-Term Bond ETF in the third quarter valued at about $31,000. Sound Income Strategies LLC increased its holdings in shares of Vanguard Short-Term Bond ETF by 104.9% in the third quarter. Sound Income Strategies LLC now owns 506 shares of the company’s stock valued at $40,000 after purchasing an additional 259 shares during the period. Delos Wealth Advisors LLC purchased a new position in shares of Vanguard Short-Term Bond ETF in the second quarter worth about $43,000. Finally, Texas Capital Bancshares Inc TX purchased a new position in shares of Vanguard Short-Term Bond ETF in the third quarter worth about $48,000.

Vanguard Short-Term Bond ETF Stock Up 0.2%

Vanguard Short-Term Bond ETF stock opened at $78.14 on Friday. The stock has a 50-day moving average price of $78.74 and a 200 day moving average price of $78.84. Vanguard Short-Term Bond ETF has a 52 week low of $77.59 and a 52 week high of $79.32.

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 paid 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.

Vanguard Short-Term Bond ETF Company 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.