HBE Wealth Management LLC Invests $811,000 in Vanguard Short-Term Bond ETF $BSV

HBE Wealth Management LLC acquired a new stake in Vanguard Short-Term Bond ETF (NYSEARCA:BSV) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 10,294 shares of the company’s stock, valued at approximately $811,000. Vanguard Short-Term Bond ETF accounts for 0.8% of HBE Wealth Management LLC’s portfolio, making the stock its 23rd biggest holding.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Lowe Brockenbrough & Co. Inc. increased its position in 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 worth $31,000 after acquiring an additional 279 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Vanguard Short-Term Bond ETF in the 4th quarter valued at $31,000. Kelleher Financial Advisors acquired a new stake in Vanguard Short-Term Bond ETF in the 3rd quarter worth $31,000. SOA Wealth Advisors LLC. grew its position in Vanguard Short-Term Bond ETF by 386.5% in the 4th quarter. SOA Wealth Advisors LLC. now owns 467 shares of the company’s stock worth $37,000 after purchasing an additional 371 shares during the last quarter. Finally, Sound Income Strategies LLC increased its holdings in shares of Vanguard Short-Term Bond ETF by 104.9% during the 3rd 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 period.

Vanguard Short-Term Bond ETF Price Performance

Shares of BSV opened at $78.22 on Friday. The company has a 50-day simple moving average of $78.69 and a 200-day simple moving average of $78.81. Vanguard Short-Term Bond ETF has a 52 week low of $77.59 and a 52 week high of $79.32.

Vanguard Short-Term Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were paid a dividend of $0.2415 per share. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date was Monday, March 2nd.

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). 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.