Axxcess Wealth Management LLC Decreases Stock Holdings in Vanguard Short-Term Bond ETF (NYSEARCA:BSV)

Axxcess Wealth Management LLC lowered its holdings in Vanguard Short-Term Bond ETF (NYSEARCA:BSV) by 7.5% during the 4th quarter, Holdings Channel reports. The firm owned 4,583 shares of the company’s stock after selling 371 shares during the period. Axxcess Wealth Management LLC’s holdings in Vanguard Short-Term Bond ETF were worth $354,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Key Financial Inc raised its stake in shares of Vanguard Short-Term Bond ETF by 152.9% during the 4th quarter. Key Financial Inc now owns 349 shares of the company’s stock worth $27,000 after purchasing an additional 211 shares during the period. Financial Life Planners purchased a new stake in Vanguard Short-Term Bond ETF during the fourth quarter worth about $32,000. Truvestments Capital LLC bought a new stake in Vanguard Short-Term Bond ETF in the third quarter worth about $36,000. Fortitude Family Office LLC purchased a new position in Vanguard Short-Term Bond ETF in the fourth quarter valued at about $42,000. Finally, Sachetta LLC grew its position in shares of Vanguard Short-Term Bond ETF by 201.0% during the 4th quarter. Sachetta LLC now owns 587 shares of the company’s stock valued at $45,000 after acquiring an additional 392 shares during the period.

Vanguard Short-Term Bond ETF Stock Performance

Shares of BSV stock opened at $78.14 on Friday. Vanguard Short-Term Bond ETF has a 12-month low of $75.72 and a 12-month high of $79.02. The company has a 50 day moving average of $77.62 and a 200-day moving average of $77.73.

Vanguard Short-Term Bond ETF Increases Dividend

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

About Vanguard Short-Term Bond ETF

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).