Frank Rimerman Advisors LLC Cuts Stake in Vanguard Short-Term Bond ETF (NYSEARCA:BSV)

Frank Rimerman Advisors LLC cut its holdings in shares of Vanguard Short-Term Bond ETF (NYSEARCA:BSV) by 2.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 19,055 shares of the company’s stock after selling 385 shares during the quarter. Frank Rimerman Advisors LLC’s holdings in Vanguard Short-Term Bond ETF were worth $1,472,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in BSV. Lodestone Wealth Management LLC increased its holdings in shares of Vanguard Short-Term Bond ETF by 0.3% in the fourth quarter. Lodestone Wealth Management LLC now owns 41,516 shares of the company’s stock worth $3,208,000 after purchasing an additional 129 shares during the last quarter. L.M. Kohn & Company grew its holdings in Vanguard Short-Term Bond ETF by 4.1% during the 3rd quarter. L.M. Kohn & Company now owns 3,298 shares of the company’s stock valued at $260,000 after buying an additional 130 shares in the last quarter. Smith Thornton Advisors LLC grew its holdings in Vanguard Short-Term Bond ETF by 5.0% during the 4th quarter. Smith Thornton Advisors LLC now owns 2,728 shares of the company’s stock valued at $211,000 after buying an additional 130 shares in the last quarter. Aprio Wealth Management LLC increased its stake in Vanguard Short-Term Bond ETF by 4.7% in the 4th quarter. Aprio Wealth Management LLC now owns 3,105 shares of the company’s stock worth $240,000 after acquiring an additional 138 shares during the last quarter. Finally, Courage Miller Partners LLC raised its holdings in shares of Vanguard Short-Term Bond ETF by 0.3% during the 4th quarter. Courage Miller Partners LLC now owns 53,925 shares of the company’s stock worth $4,167,000 after acquiring an additional 141 shares in the last quarter.

Vanguard Short-Term Bond ETF Price Performance

BSV stock opened at $77.88 on Friday. The firm has a fifty day moving average price of $77.53 and a 200 day moving average price of $77.74. Vanguard Short-Term Bond ETF has a fifty-two week low of $75.72 and a fifty-two week high of $79.02.

Vanguard Short-Term Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were paid a $0.2474 dividend. This is a boost from Vanguard Short-Term Bond ETF’s previous dividend of $0.20. The ex-dividend date was Monday, March 3rd.

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).