Bank of Nova Scotia Purchases New Shares in Vanguard Short-Term Bond ETF $BSV

Bank of Nova Scotia bought a new position in shares of Vanguard Short-Term Bond ETF (NYSEARCA:BSV) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 250,000 shares of the company’s stock, valued at approximately $19,728,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of BSV. Brighton Jones LLC boosted its position in Vanguard Short-Term Bond ETF by 38.8% in the fourth quarter. Brighton Jones LLC now owns 11,661 shares of the company’s stock worth $901,000 after purchasing an additional 3,262 shares during the last quarter. Citizens Financial Group Inc. RI grew its stake in Vanguard Short-Term Bond ETF by 0.5% in the 2nd quarter. Citizens Financial Group Inc. RI now owns 39,268 shares of the company’s stock valued at $3,090,000 after purchasing an additional 205 shares during the period. Kingsview Wealth Management LLC increased its position in shares of Vanguard Short-Term Bond ETF by 32.9% during the 2nd quarter. Kingsview Wealth Management LLC now owns 25,136 shares of the company’s stock valued at $1,978,000 after purchasing an additional 6,229 shares during the last quarter. Rockefeller Capital Management L.P. increased its position in shares of Vanguard Short-Term Bond ETF by 20.6% during the 2nd quarter. Rockefeller Capital Management L.P. now owns 52,328 shares of the company’s stock valued at $4,118,000 after purchasing an additional 8,940 shares during the last quarter. Finally, Tortoise Investment Management LLC raised its stake in shares of Vanguard Short-Term Bond ETF by 6.1% during the 2nd quarter. Tortoise Investment Management LLC now owns 6,236 shares of the company’s stock worth $491,000 after purchasing an additional 361 shares during the period.

Vanguard Short-Term Bond ETF Price Performance

Shares of NYSEARCA:BSV opened at $78.50 on Tuesday. The company’s 50-day moving average is $78.84 and its 200 day moving average is $78.88. Vanguard Short-Term Bond ETF has a fifty-two week low of $77.59 and a fifty-two week high of $79.32.

Vanguard Short-Term Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were given a $0.2415 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.7%.

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.