Vanguard Short-Term Bond ETF (NYSEARCA:BSV) Sets New 12-Month Low – Time to Sell?

Vanguard Short-Term Bond ETF (NYSEARCA:BSV)’s stock price reached a new 52-week low on Tuesday . The company traded as low as $77.46 and last traded at $77.47, with a volume of 1630844 shares trading hands. The stock had previously closed at $77.60.

Vanguard Short-Term Bond ETF Stock Down 0.2%

The firm’s fifty day simple moving average is $77.83 and its 200-day simple moving average is $78.36.

Hedge Funds Weigh In On Vanguard Short-Term Bond ETF

A number of hedge funds have recently added to or reduced their stakes in BSV. Brighton Jones LLC lifted its holdings in shares of Vanguard Short-Term Bond ETF by 38.8% during the fourth quarter. Brighton Jones LLC now owns 11,661 shares of the company’s stock valued at $901,000 after purchasing an additional 3,262 shares in the last quarter. Russell Investments Group Ltd. bought a new stake in Vanguard Short-Term Bond ETF in the 2nd quarter worth about $48,000. HUB Investment Partners LLC increased its holdings in Vanguard Short-Term Bond ETF by 4.5% in the 2nd quarter. HUB Investment Partners LLC now owns 3,095 shares of the company’s stock worth $244,000 after buying an additional 133 shares in the last quarter. Diversify Advisory Services LLC purchased a new position in Vanguard Short-Term Bond ETF in the 2nd quarter worth about $306,000. Finally, Quantinno Capital Management LP raised its position in Vanguard Short-Term Bond ETF by 26.1% in the 2nd quarter. Quantinno Capital Management LP now owns 11,338 shares of the company’s stock worth $892,000 after buying an additional 2,345 shares during the last quarter.

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.