Diversified Portfolios Inc. Reduces Position in Vanguard Short-Term Bond ETF (NYSEARCA:BSV)

Diversified Portfolios Inc. reduced its stake in shares of Vanguard Short-Term Bond ETF (NYSEARCA:BSV) by 19.7% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 318,667 shares of the company’s stock after selling 78,226 shares during the period. Vanguard Short-Term Bond ETF comprises approximately 2.7% of Diversified Portfolios Inc.’s portfolio, making the stock its 9th biggest position. Diversified Portfolios Inc. owned about 0.08% of Vanguard Short-Term Bond ETF worth $24,623,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of BSV. Financial Life Planners bought a new stake in Vanguard Short-Term Bond ETF during the fourth quarter worth $32,000. Truvestments Capital LLC bought a new stake in shares of Vanguard Short-Term Bond ETF in the 3rd quarter worth $36,000. Fortitude Family Office LLC bought a new stake in shares of Vanguard Short-Term Bond ETF in the 4th quarter worth $42,000. Sachetta LLC raised its holdings in shares of Vanguard Short-Term Bond ETF by 201.0% in the fourth quarter. Sachetta LLC now owns 587 shares of the company’s stock valued at $45,000 after purchasing an additional 392 shares during the last quarter. Finally, Comprehensive Financial Planning Inc. PA bought a new position in shares of Vanguard Short-Term Bond ETF during the fourth quarter valued at about $47,000.

Vanguard Short-Term Bond ETF Stock Up 0.0 %

Shares of BSV stock opened at $77.35 on Wednesday. Vanguard Short-Term Bond ETF has a 52-week low of $75.72 and a 52-week high of $79.02. The company has a 50-day simple moving average of $77.35 and a two-hundred day simple moving average of $77.76.

Vanguard Short-Term Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were issued a $0.2474 dividend. The ex-dividend date was Monday, February 3rd. This is a positive change from Vanguard Short-Term Bond ETF’s previous dividend of $0.20.

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).