Traders Buy Shares of Vanguard Short-Term Bond ETF (BSV) on Weakness

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Investors bought shares of Vanguard Short-Term Bond ETF (NYSEARCA:BSV) on weakness during trading on Wednesday. $41.48 million flowed into the stock on the tick-up and $31.13 million flowed out of the stock on the tick-down, for a money net flow of $10.35 million into the stock. Of all equities tracked, Vanguard Short-Term Bond ETF had the 25th highest net in-flow for the day. Vanguard Short-Term Bond ETF traded down ($0.02) for the day and closed at $77.70

The business also recently announced a monthly dividend, which was paid on Tuesday, November 6th. Shareholders of record on Friday, November 2nd were paid a dividend of $0.144 per share. The ex-dividend date of this dividend was Thursday, November 1st. This represents a $1.73 annualized dividend and a yield of 2.22%. This is a boost from Vanguard Short-Term Bond ETF’s previous monthly dividend of $0.13.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Bank of America Corp DE lifted its stake in shares of Vanguard Short-Term Bond ETF by 13.9% in the 2nd quarter. Bank of America Corp DE now owns 65,697,646 shares of the company’s stock worth $5,138,213,000 after purchasing an additional 7,996,370 shares during the period. Cornerstone Wealth Management LLC lifted its stake in shares of Vanguard Short-Term Bond ETF by 7,537.5% in the 2nd quarter. Cornerstone Wealth Management LLC now owns 6,996,261 shares of the company’s stock worth $89,627,000 after purchasing an additional 6,904,657 shares during the period. FMR LLC lifted its stake in shares of Vanguard Short-Term Bond ETF by 201.0% in the 2nd quarter. FMR LLC now owns 1,665,364 shares of the company’s stock worth $130,248,000 after purchasing an additional 1,112,149 shares during the period. Truepoint Inc. lifted its stake in shares of Vanguard Short-Term Bond ETF by 1,227.4% in the 2nd quarter. Truepoint Inc. now owns 1,022,038 shares of the company’s stock worth $79,934,000 after purchasing an additional 945,045 shares during the period. Finally, TIAA FSB lifted its stake in shares of Vanguard Short-Term Bond ETF by 3.5% in the 3rd quarter. TIAA FSB now owns 20,322,549 shares of the company’s stock worth $1,585,768,000 after purchasing an additional 692,776 shares during the period.

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Vanguard Short-Term Bond ETF Company Profile (NYSEARCA:BSV)

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).

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