Bluestem Financial Advisors LLC Trims Stock Position in Vanguard Short-Term Bond ETF (NYSEARCA:BSV)

Bluestem Financial Advisors LLC reduced its position in Vanguard Short-Term Bond ETF (NYSEARCA:BSV) by 36.3% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 199,481 shares of the company’s stock after selling 113,775 shares during the quarter. Vanguard Short-Term Bond ETF accounts for about 7.7% of Bluestem Financial Advisors LLC’s holdings, making the stock its 5th largest holding. Bluestem Financial Advisors LLC’s holdings in Vanguard Short-Term Bond ETF were worth $15,300,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. AGF Management Ltd. raised its stake in shares of Vanguard Short-Term Bond ETF by 16.4% during the fourth quarter. AGF Management Ltd. now owns 45,710 shares of the company’s stock worth $3,521,000 after acquiring an additional 6,450 shares in the last quarter. Brand Asset Management Group Inc. grew its stake in shares of Vanguard Short-Term Bond ETF by 1.5% during the second quarter. Brand Asset Management Group Inc. now owns 9,789 shares of the company’s stock valued at $751,000 after buying an additional 149 shares during the last quarter. Rock Point Advisors LLC increased its holdings in shares of Vanguard Short-Term Bond ETF by 8.2% in the fourth quarter. Rock Point Advisors LLC now owns 6,447 shares of the company’s stock worth $497,000 after buying an additional 490 shares during the period. Atlantic Edge Private Wealth Management LLC bought a new stake in shares of Vanguard Short-Term Bond ETF in the 4th quarter valued at about $763,000. Finally, FMA Wealth Management LLC purchased a new stake in Vanguard Short-Term Bond ETF during the 4th quarter valued at about $11,471,000.

Vanguard Short-Term Bond ETF Price Performance

Vanguard Short-Term Bond ETF stock traded up $0.12 during trading hours on Friday, reaching $78.53. The company had a trading volume of 2,115,901 shares, compared to its average volume of 1,833,124. Vanguard Short-Term Bond ETF has a 12-month low of $74.61 and a 12-month high of $78.67. The company has a 50-day moving average price of $77.61 and a 200 day moving average price of $76.81.

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).