Summit Financial Strategies Inc. Increases Holdings in Vanguard Short-Term Bond ETF (NYSEARCA:BSV)

Summit Financial Strategies Inc. boosted its stake in Vanguard Short-Term Bond ETF (NYSEARCA:BSV) by 5.8% in the 3rd quarter, Holdings Channel reports. The firm owned 21,981 shares of the company’s stock after buying an additional 1,210 shares during the quarter. Summit Financial Strategies Inc.’s holdings in Vanguard Short-Term Bond ETF were worth $1,730,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Argonautica Private Wealth Management Inc. grew its stake in shares of Vanguard Short-Term Bond ETF by 3.8% in the second quarter. Argonautica Private Wealth Management Inc. now owns 3,609 shares of the company’s stock valued at $277,000 after buying an additional 131 shares in the last quarter. Financial Synergies Wealth Advisors Inc. boosted its holdings in Vanguard Short-Term Bond ETF by 4.2% in the 3rd quarter. Financial Synergies Wealth Advisors Inc. now owns 3,308 shares of the company’s stock worth $260,000 after acquiring an additional 132 shares during the period. Vantage Financial Partners LLC grew its position in Vanguard Short-Term Bond ETF by 3.2% in the first quarter. Vantage Financial Partners LLC now owns 4,450 shares of the company’s stock valued at $341,000 after acquiring an additional 137 shares in the last quarter. Navalign LLC raised its stake in shares of Vanguard Short-Term Bond ETF by 0.5% during the second quarter. Navalign LLC now owns 26,366 shares of the company’s stock valued at $2,022,000 after purchasing an additional 144 shares during the period. Finally, Waller Financial Planning Group Inc. raised its stake in shares of Vanguard Short-Term Bond ETF by 0.7% during the third quarter. Waller Financial Planning Group Inc. now owns 19,396 shares of the company’s stock valued at $1,526,000 after purchasing an additional 144 shares during the period.

Vanguard Short-Term Bond ETF Price Performance

BSV traded down $0.11 during trading hours on Thursday, reaching $77.97. 369,306 shares of the stock traded hands, compared to its average volume of 1,848,195. The firm’s fifty day simple moving average is $78.32 and its two-hundred day simple moving average is $77.18. Vanguard Short-Term Bond ETF has a fifty-two week low of $74.61 and a fifty-two week high of $79.02.

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).