REDW Wealth LLC Cuts Stock Holdings in Vanguard Short-Term Bond ETF (NYSEARCA:BSV)

REDW Wealth LLC decreased its stake in shares of Vanguard Short-Term Bond ETF (NYSEARCA:BSV) by 23.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 158,913 shares of the company’s stock after selling 48,983 shares during the period. Vanguard Short-Term Bond ETF makes up 4.3% of REDW Wealth LLC’s investment portfolio, making the stock its 6th largest holding. REDW Wealth LLC’s holdings in Vanguard Short-Term Bond ETF were worth $12,279,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Kingsview Wealth Management LLC raised its holdings in shares of Vanguard Short-Term Bond ETF by 20.6% during the third quarter. Kingsview Wealth Management LLC now owns 16,413 shares of the company’s stock valued at $1,292,000 after purchasing an additional 2,802 shares during the last quarter. Private Advisor Group LLC lifted its stake in shares of Vanguard Short-Term Bond ETF by 9.7% in the 4th quarter. Private Advisor Group LLC now owns 178,479 shares of the company’s stock valued at $13,791,000 after purchasing an additional 15,787 shares during the last quarter. Voya Financial Advisors Inc. boosted its stake in shares of Vanguard Short-Term Bond ETF by 0.9% during the 3rd quarter. Voya Financial Advisors Inc. now owns 303,095 shares of the company’s stock worth $23,893,000 after purchasing an additional 2,720 shares during the period. JPMorgan Chase & Co. boosted its stake 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 valued at $1,751,309,000 after purchasing an additional 3,984,419 shares during the period. Finally, Vontobel Holding Ltd. purchased a new position in Vanguard Short-Term Bond ETF during the 4th quarter worth $773,000.

Vanguard Short-Term Bond ETF Price Performance

Shares of BSV stock opened at $77.85 on Monday. The company’s 50 day moving average is $77.46 and its 200 day moving average is $77.74. Vanguard Short-Term Bond ETF has a 52-week low of $75.72 and a 52-week high of $79.02.

Vanguard Short-Term Bond ETF Increases Dividend

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

Vanguard Short-Term Bond ETF Company 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).