22,373 Shares in Vanguard Short-Term Bond ETF (NYSEARCA:BSV) Purchased by Riggs Capital Management LLC

Riggs Capital Management LLC bought a new stake in Vanguard Short-Term Bond ETF (NYSEARCA:BSV) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 22,373 shares of the company’s stock, valued at approximately $1,729,000. Vanguard Short-Term Bond ETF comprises about 1.7% of Riggs Capital Management LLC’s holdings, making the stock its 16th biggest position.

Several other institutional investors also recently added to or reduced their stakes in BSV. Key Financial Inc increased its position in Vanguard Short-Term Bond ETF by 152.9% during the fourth quarter. Key Financial Inc now owns 349 shares of the company’s stock worth $27,000 after acquiring an additional 211 shares during the period. Financial Life Planners acquired a new stake in Vanguard Short-Term Bond ETF in the 4th quarter worth $32,000. Brown Brothers Harriman & Co. increased its holdings in shares of Vanguard Short-Term Bond ETF by 275.4% during the 4th quarter. Brown Brothers Harriman & Co. now owns 458 shares of the company’s stock worth $35,000 after purchasing an additional 336 shares during the period. Fortitude Family Office LLC acquired a new position in shares of Vanguard Short-Term Bond ETF during the fourth quarter valued at about $42,000. Finally, Graney & King LLC bought a new stake in shares of Vanguard Short-Term Bond ETF in the fourth quarter valued at about $43,000.

Vanguard Short-Term Bond ETF Stock Performance

Shares of BSV opened at $78.24 on Monday. The stock’s 50-day moving average price is $77.70 and its 200 day moving average price is $77.70. Vanguard Short-Term Bond ETF has a 12-month low of $75.72 and a 12-month high of $79.02.

Vanguard Short-Term Bond ETF Increases Dividend

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

Vanguard Short-Term Bond ETF 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).