Ridgewood Investments LLC Has $484,000 Holdings in Vanguard Short-Term Bond ETF (NYSEARCA:BSV)

Ridgewood Investments LLC cut its holdings in shares of Vanguard Short-Term Bond ETF (NYSEARCA:BSV) by 2.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 5,985 shares of the company’s stock after selling 139 shares during the quarter. Ridgewood Investments LLC’s holdings in Vanguard Short-Term Bond ETF were worth $484,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in BSV. Envestnet Asset Management Inc. raised its stake in shares of Vanguard Short-Term Bond ETF by 4.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 18,436,742 shares of the company’s stock worth $1,484,711,000 after purchasing an additional 864,061 shares in the last quarter. Bank of America Corp DE raised its stake in shares of Vanguard Short-Term Bond ETF by 3.0% during the 2nd quarter. Bank of America Corp DE now owns 23,405,191 shares of the company’s stock worth $1,884,820,000 after purchasing an additional 685,989 shares in the last quarter. First Mercantile Trust Co. purchased a new stake in shares of Vanguard Short-Term Bond ETF during the 2nd quarter worth about $42,688,000. Morgan Stanley raised its stake in shares of Vanguard Short-Term Bond ETF by 4.8% during the 2nd quarter. Morgan Stanley now owns 9,282,556 shares of the company’s stock worth $747,525,000 after purchasing an additional 427,140 shares in the last quarter. Finally, UBS Group AG raised its stake in shares of Vanguard Short-Term Bond ETF by 18.7% during the 2nd quarter. UBS Group AG now owns 2,701,971 shares of the company’s stock worth $217,590,000 after purchasing an additional 425,818 shares in the last quarter.

Shares of BSV traded up $0.02 during midday trading on Thursday, reaching $80.83. 38,620 shares of the stock were exchanged, compared to its average volume of 2,106,343. Vanguard Short-Term Bond ETF has a 12-month low of $77.67 and a 12-month high of $81.19. The firm has a 50 day simple moving average of $80.80 and a 200-day simple moving average of $80.31.

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).

Featured Story: What is Cost of Debt?

Want to see what other hedge funds are holding BSV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Short-Term Bond ETF (NYSEARCA:BSV).

Institutional Ownership by Quarter for Vanguard Short-Term Bond ETF (NYSEARCA:BSV)

Receive News & Ratings for Vanguard Short-Term Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard Short-Term Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.