Schechter Investment Advisors LLC Reduces Stock Position in Vanguard Short-Term Bond ETF (NYSEARCA:BSV)

Schechter Investment Advisors LLC lowered its stake in shares of Vanguard Short-Term Bond ETF (NYSEARCA:BSV) by 8.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,911 shares of the company’s stock after selling 1,264 shares during the period. Schechter Investment Advisors LLC’s holdings in Vanguard Short-Term Bond ETF were worth $998,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in BSV. JPMorgan Chase & Co. lifted its position in shares of Vanguard Short-Term Bond ETF by 21.8% during the third quarter. JPMorgan Chase & Co. now owns 22,255,805 shares of the company’s stock worth $1,751,309,000 after acquiring an additional 3,984,419 shares in the last quarter. Allworth Financial LP lifted its position in shares of Vanguard Short-Term Bond ETF by 11.9% during the fourth quarter. Allworth Financial LP now owns 13,649,853 shares of the company’s stock worth $1,055,680,000 after acquiring an additional 1,455,100 shares in the last quarter. Empower Advisory Group LLC increased its holdings in shares of Vanguard Short-Term Bond ETF by 7.4% in the fourth quarter. Empower Advisory Group LLC now owns 16,322,389 shares of the company’s stock worth $1,261,231,000 after purchasing an additional 1,121,941 shares during the period. BNP Paribas Financial Markets increased its holdings in shares of Vanguard Short-Term Bond ETF by 341.0% in the third quarter. BNP Paribas Financial Markets now owns 1,100,236 shares of the company’s stock worth $86,578,000 after purchasing an additional 850,753 shares during the period. Finally, Cerity Partners LLC increased its holdings in shares of Vanguard Short-Term Bond ETF by 37.4% in the third quarter. Cerity Partners LLC now owns 2,039,806 shares of the company’s stock worth $160,512,000 after purchasing an additional 554,982 shares during the period.

Vanguard Short-Term Bond ETF Stock Down 0.2 %

Vanguard Short-Term Bond ETF stock opened at $77.98 on Tuesday. Vanguard Short-Term Bond ETF has a fifty-two week low of $75.72 and a fifty-two week high of $79.02. The firm’s fifty day moving average price is $77.39 and its 200-day moving average price is $77.74.

Vanguard Short-Term Bond ETF Increases Dividend

The company also recently declared a dividend, which will be paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd will be issued a $0.2474 dividend. The ex-dividend date is Monday, March 3rd. This is a boost from Vanguard Short-Term Bond ETF’s previous dividend of $0.20.

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).