Dakota Wealth Management Buys New Stake in Vanguard Short-Term Bond ETF $BSV

Dakota Wealth Management purchased a new stake in Vanguard Short-Term Bond ETF (NYSEARCA:BSV) during the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 18,612 shares of the company’s stock, valued at approximately $1,467,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Lowe Brockenbrough & Co. Inc. raised its stake in shares of Vanguard Short-Term Bond ETF by 253.6% during the 3rd quarter. Lowe Brockenbrough & Co. Inc. now owns 389 shares of the company’s stock valued at $31,000 after buying an additional 279 shares during the last quarter. Kelleher Financial Advisors acquired a new position in shares of Vanguard Short-Term Bond ETF in the 3rd quarter valued at about $31,000. Sound Income Strategies LLC boosted its stake in shares of Vanguard Short-Term Bond ETF by 104.9% in the third quarter. Sound Income Strategies LLC now owns 506 shares of the company’s stock worth $40,000 after buying an additional 259 shares during the last quarter. Delos Wealth Advisors LLC purchased a new stake in shares of Vanguard Short-Term Bond ETF in the second quarter worth about $43,000. Finally, Texas Capital Bancshares Inc TX acquired a new stake in Vanguard Short-Term Bond ETF during the third quarter worth about $48,000.

Vanguard Short-Term Bond ETF Trading Up 0.2%

Shares of BSV stock opened at $78.14 on Friday. Vanguard Short-Term Bond ETF has a twelve month low of $77.59 and a twelve month high of $79.32. The stock has a 50 day moving average of $78.74 and a 200 day moving average of $78.84.

Vanguard Short-Term Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were paid a dividend of $0.2415 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend 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.