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

Summit Financial Strategies Inc. raised its stake in Vanguard Short-Term Bond ETF (NYSEARCA:BSV) by 6.7% during the second quarter, HoldingsChannel reports. The fund owned 20,771 shares of the company’s stock after buying an additional 1,302 shares during the period. Summit Financial Strategies Inc.’s holdings in Vanguard Short-Term Bond ETF were worth $1,593,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Howe & Rusling Inc. grew its holdings in shares of Vanguard Short-Term Bond ETF by 35.2% during the fourth quarter. Howe & Rusling Inc. now owns 4,037 shares of the company’s stock valued at $311,000 after buying an additional 1,050 shares during the last quarter. AGF Management Ltd. lifted its holdings in shares of Vanguard Short-Term Bond ETF by 16.4% in the fourth quarter. AGF Management Ltd. now owns 45,710 shares of the company’s stock worth $3,521,000 after buying an additional 6,450 shares in the last quarter. Private Management Group Inc. grew its stake in Vanguard Short-Term Bond ETF by 169.5% during the fourth quarter. Private Management Group Inc. now owns 7,190 shares of the company’s stock valued at $554,000 after acquiring an additional 4,522 shares in the last quarter. Cullen Frost Bankers Inc. lifted its stake in Vanguard Short-Term Bond ETF by 103.3% in the 4th quarter. Cullen Frost Bankers Inc. now owns 451,835 shares of the company’s stock worth $34,800,000 after purchasing an additional 229,550 shares in the last quarter. Finally, Townsend Asset Management Corp NC ADV purchased a new position in shares of Vanguard Short-Term Bond ETF during the fourth quarter valued at about $56,000.

Vanguard Short-Term Bond ETF Price Performance

Shares of NYSEARCA:BSV traded up $0.06 during mid-day trading on Friday, reaching $77.93. The stock had a trading volume of 1,249,247 shares, compared to its average volume of 1,845,873. The business’s 50 day moving average price is $77.14 and its 200 day moving average price is $76.65. Vanguard Short-Term Bond ETF has a 1 year low of $74.61 and a 1 year high of $78.49.

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).