Vanguard Short-Term Bond ETF (NYSEARCA:BSV) Shares Bought by Sovereign Financial Group Inc.

Sovereign Financial Group Inc. boosted its stake in Vanguard Short-Term Bond ETF (NYSEARCA:BSV) by 10.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 110,226 shares of the company’s stock after buying an additional 10,106 shares during the quarter. Vanguard Short-Term Bond ETF comprises about 2.6% of Sovereign Financial Group Inc.’s portfolio, making the stock its 8th largest holding. Sovereign Financial Group Inc.’s holdings in Vanguard Short-Term Bond ETF were worth $8,490,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. Charles Schwab Investment Advisory Inc. acquired a new stake in shares of Vanguard Short-Term Bond ETF during the fourth quarter worth about $264,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its position in Vanguard Short-Term Bond ETF by 24.3% in the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 17,984 shares of the company’s stock valued at $1,385,000 after buying an additional 3,518 shares during the last quarter. Apollon Wealth Management LLC increased its stake in Vanguard Short-Term Bond ETF by 538.6% in the 4th quarter. Apollon Wealth Management LLC now owns 168,298 shares of the company’s stock valued at $12,962,000 after buying an additional 141,945 shares during the period. Lincoln National Corp lifted its holdings in shares of Vanguard Short-Term Bond ETF by 0.7% in the 4th quarter. Lincoln National Corp now owns 3,052,942 shares of the company’s stock valued at $235,138,000 after buying an additional 22,669 shares during the period. Finally, TCI Wealth Advisors Inc. grew its position in Vanguard Short-Term Bond ETF by 12.2% during the fourth quarter. TCI Wealth Advisors Inc. now owns 6,912 shares of the company’s stock worth $532,000 after buying an additional 754 shares during the period.

Vanguard Short-Term Bond ETF Stock Performance

NYSEARCA:BSV traded down $0.03 during mid-day trading on Wednesday, hitting $76.22. 1,154,938 shares of the company’s stock traded hands, compared to its average volume of 1,894,657. Vanguard Short-Term Bond ETF has a 1 year low of $74.61 and a 1 year high of $77.32. The firm’s 50 day simple moving average is $76.31 and its 200 day simple moving average is $76.33.

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).