HBE Wealth Management LLC Takes $811,000 Position in Vanguard Short-Term Bond ETF $BSV

HBE Wealth Management LLC purchased a new position in shares of Vanguard Short-Term Bond ETF (NYSEARCA:BSV) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 10,294 shares of the company’s stock, valued at approximately $811,000. Vanguard Short-Term Bond ETF accounts for approximately 0.8% of HBE Wealth Management LLC’s investment portfolio, making the stock its 23rd biggest holding.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in BSV. Mercer Global Advisors Inc. ADV lifted its position in Vanguard Short-Term Bond ETF by 11.1% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 37,853,211 shares of the company’s stock worth $2,986,997,000 after buying an additional 3,776,279 shares in the last quarter. Corient Private Wealth LLC increased its stake in shares of Vanguard Short-Term Bond ETF by 79.5% in the second quarter. Corient Private Wealth LLC now owns 5,928,304 shares of the company’s stock worth $448,360,000 after acquiring an additional 2,624,848 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of Vanguard Short-Term Bond ETF by 23.1% during the third quarter. Bank of America Corp DE now owns 9,197,184 shares of the company’s stock worth $725,750,000 after acquiring an additional 1,728,431 shares in the last quarter. Northern Trust Corp boosted its position in Vanguard Short-Term Bond ETF by 8.8% during the third quarter. Northern Trust Corp now owns 10,810,141 shares of the company’s stock valued at $853,028,000 after purchasing an additional 874,382 shares during the last quarter. Finally, Captrust Financial Advisors grew its stake in Vanguard Short-Term Bond ETF by 9.6% in the third quarter. Captrust Financial Advisors now owns 5,902,832 shares of the company’s stock valued at $465,792,000 after purchasing an additional 519,387 shares in the last quarter.

Vanguard Short-Term Bond ETF Price Performance

Shares of BSV stock opened at $78.22 on Friday. 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 moving average is $78.69 and its two-hundred day moving average is $78.81.

Vanguard Short-Term Bond ETF Cuts Dividend

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

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.