Financial Advocates Investment Management Sells 50,479 Shares of Vanguard Short-Term Bond ETF $BSV

Financial Advocates Investment Management lowered its stake in Vanguard Short-Term Bond ETF (NYSEARCA:BSV) by 93.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,358 shares of the company’s stock after selling 50,479 shares during the period. Financial Advocates Investment Management’s holdings in Vanguard Short-Term Bond ETF were worth $265,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Atlantic Union Bankshares Corp acquired a new stake in shares of Vanguard Short-Term Bond ETF during the 2nd quarter valued at $28,000. Angeles Wealth Management LLC bought a new position in Vanguard Short-Term Bond ETF in the second quarter valued at about $30,000. Lowe Brockenbrough & Co. Inc. boosted its stake in shares of Vanguard Short-Term Bond ETF by 253.6% during the third quarter. Lowe Brockenbrough & Co. Inc. now owns 389 shares of the company’s stock valued at $31,000 after purchasing an additional 279 shares in the last quarter. Bogart Wealth LLC boosted its stake in shares of Vanguard Short-Term Bond ETF by 90.2% during the second quarter. Bogart Wealth LLC now owns 487 shares of the company’s stock valued at $38,000 after purchasing an additional 231 shares in the last quarter. Finally, Sound Income Strategies LLC grew its holdings in shares of Vanguard Short-Term Bond ETF by 104.9% during the third quarter. Sound Income Strategies LLC now owns 506 shares of the company’s stock worth $40,000 after purchasing an additional 259 shares during the last quarter.

Vanguard Short-Term Bond ETF Trading Up 0.2%

Shares of NYSEARCA BSV opened at $78.98 on Friday. The company has a 50 day simple moving average of $78.80 and a 200 day simple moving average of $78.84. Vanguard Short-Term Bond ETF has a 1 year low of $77.29 and a 1 year high of $79.21.

Vanguard Short-Term Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were issued a dividend of $0.2658 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date was Monday, February 2nd.

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). The Index includes all medium and larger issues of the United States Government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities of between 1 and 5 years and are publicly issued.