Phillips Financial Management LLC Sells 8,833 Shares of Vanguard Short-Term Bond ETF (NYSEARCA:BSV)

Phillips Financial Management LLC cut its position in shares of Vanguard Short-Term Bond ETF (NYSEARCA:BSV) by 7.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 108,021 shares of the company’s stock after selling 8,833 shares during the period. Phillips Financial Management LLC’s holdings in Vanguard Short-Term Bond ETF were worth $8,347,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. increased its position in shares of Vanguard Short-Term Bond ETF by 21.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 22,255,805 shares of the company’s stock valued at $1,751,309,000 after purchasing an additional 3,984,419 shares during the last quarter. Empower Advisory Group LLC increased its position in shares of Vanguard Short-Term Bond ETF by 7.4% during the 4th quarter. Empower Advisory Group LLC now owns 16,322,389 shares of the company’s stock valued at $1,261,231,000 after purchasing an additional 1,121,941 shares during the last quarter. Allworth Financial LP increased its position in shares of Vanguard Short-Term Bond ETF by 11.9% during the 4th quarter. Allworth Financial LP now owns 13,649,853 shares of the company’s stock valued at $1,055,680,000 after purchasing an additional 1,455,100 shares during the last quarter. Truepoint Inc. boosted its holdings in Vanguard Short-Term Bond ETF by 2.5% during the 3rd quarter. Truepoint Inc. now owns 6,013,964 shares of the company’s stock valued at $473,239,000 after acquiring an additional 146,868 shares during the period. Finally, LPL Financial LLC boosted its holdings in Vanguard Short-Term Bond ETF by 1.4% during the 3rd quarter. LPL Financial LLC now owns 6,009,935 shares of the company’s stock valued at $472,922,000 after acquiring an additional 85,317 shares during the period.

Vanguard Short-Term Bond ETF Stock Performance

Shares of BSV stock opened at $77.86 on Thursday. Vanguard Short-Term Bond ETF has a 1-year low of $75.72 and a 1-year high of $79.02. The business has a 50-day moving average of $77.50 and a 200 day moving average of $77.74.

Vanguard Short-Term Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were issued a dividend of $0.2474 per share. The ex-dividend date of this dividend was Monday, March 3rd. This is a boost from Vanguard Short-Term Bond ETF’s previous dividend of $0.20.

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).