Vanguard Short-Term Bond ETF (NYSEARCA:BSV) Sets New 52-Week High – Here’s Why

Vanguard Short-Term Bond ETF (NYSEARCA:BSV) hit a new 52-week high on Friday . The company traded as high as $79.28 and last traded at $79.2650, with a volume of 371447 shares changing hands. The stock had previously closed at $79.18.

Vanguard Short-Term Bond ETF Trading Up 0.1%

The company’s fifty day moving average price is $78.87 and its 200-day moving average price is $78.88.

Vanguard Short-Term Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd will be paid a dividend of $0.2415 per share. The ex-dividend date is Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 3.7%.

Institutional Investors Weigh In On Vanguard Short-Term Bond ETF

Institutional investors have recently modified their holdings of the stock. Mercer Global Advisors Inc. ADV boosted its stake in Vanguard Short-Term Bond ETF by 9.5% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 41,443,879 shares of the company’s stock worth $3,266,192,000 after purchasing an additional 3,590,668 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in Vanguard Short-Term Bond ETF by 28.7% in the fourth quarter. JPMorgan Chase & Co. now owns 32,337,635 shares of the company’s stock worth $2,548,529,000 after buying an additional 7,213,590 shares during the last quarter. Allworth Financial LP lifted its stake in shares of Vanguard Short-Term Bond ETF by 2.4% in the fourth quarter. Allworth Financial LP now owns 19,624,938 shares of the company’s stock worth $1,546,641,000 after buying an additional 464,718 shares in the last quarter. Empower Advisory Group LLC lifted its stake in shares of Vanguard Short-Term Bond ETF by 4.6% in the second quarter. Empower Advisory Group LLC now owns 18,101,201 shares of the company’s stock worth $1,424,564,000 after buying an additional 800,357 shares in the last quarter. Finally, Northern Trust Corp grew its holdings in shares of Vanguard Short-Term Bond ETF by 5.5% during the fourth quarter. Northern Trust Corp now owns 11,403,361 shares of the company’s stock valued at $898,699,000 after buying an additional 593,220 shares during the last quarter.

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.