Shepherd Financial Partners LLC has reduced its stake in the Vanguard Short-Term Bond ETF (NYSEARCA: BSV) by 29.1% during the second quarter of 2023. The firm sold 7,473 shares, leaving it with 18,230 shares valued at approximately $1,435,000 according to its latest filing with the Securities and Exchange Commission.
Several other institutional investors have also adjusted their holdings in the Vanguard Short-Term Bond ETF recently. Notably, Atlantic Union Bankshares Corp entered a new position valued at about $28,000, while Angeles Wealth Management LLC acquired a stake worth approximately $30,000.
In a significant move, Bogart Wealth LLC increased its position by 90.2%, now holding 487 shares valued at about $38,000 after acquiring an additional 231 shares. Trust Co. of Toledo NA OH also made a new investment in the ETF, valued at about $39,000, alongside Cedar Wealth Management LLC, which acquired a position worth around $45,000.
Current Performance of Vanguard Short-Term Bond ETF
As of the latest trading session, shares of BSV opened at $78.78. The ETF has experienced a 12-month low of $76.93 and a 12-month high of $79.21. The current 50-day moving average stands at $78.93, while the 200-day moving average is $78.64.
The Vanguard Short-Term Bond ETF aims to track the performance of a market-weighted bond index with a short-term, dollar-weighted average maturity. This is achieved through a passive management strategy designed to follow the performance of the Barclays Capital U.S. 1-5 Year Government/Credit Bond Index.
For those interested in further details about hedge fund holdings related to the Vanguard Short-Term Bond ETF, HoldingsChannel.com provides comprehensive data, including the latest 13F filings and insider trades. Users can also subscribe to receive a daily summary of news and analysts’ ratings for the ETF and related companies through MarketBeat.com’s free email newsletter.
