MetLife Investment Management LLC Trims Holdings in Vanguard Short-Term Bond ETF (NYSEARCA:BSV)

MetLife Investment Management LLC reduced its stake in shares of Vanguard Short-Term Bond ETF (NYSEARCA:BSV) by 2.9% in the third quarter, Holdings Channel reports. The firm owned 2,294,000 shares of the company’s stock after selling 69,000 shares during the period. Vanguard Short-Term Bond ETF accounts for approximately 1.0% of MetLife Investment Management LLC’s holdings, making the stock its 12th largest position. MetLife Investment Management LLC’s holdings in Vanguard Short-Term Bond ETF were worth $180,515,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Cedar Wealth Management LLC lifted its holdings in Vanguard Short-Term Bond ETF by 371.1% during the 2nd quarter. Cedar Wealth Management LLC now owns 358 shares of the company’s stock valued at $27,000 after buying an additional 282 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Vanguard Short-Term Bond ETF in the second quarter valued at approximately $30,000. Truvestments Capital LLC bought a new position in Vanguard Short-Term Bond ETF in the third quarter worth approximately $36,000. Creative Capital Management Investments LLC purchased a new position in Vanguard Short-Term Bond ETF during the 3rd quarter worth $52,000. Finally, Triad Wealth Partners LLC bought a new stake in Vanguard Short-Term Bond ETF during the 2nd quarter valued at $56,000.

Vanguard Short-Term Bond ETF Stock Performance

Shares of BSV stock opened at $77.54 on Wednesday. Vanguard Short-Term Bond ETF has a twelve month low of $75.72 and a twelve month high of $79.02. The stock has a fifty day simple moving average of $77.90 and a two-hundred day simple moving average of $77.49.

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).