Vanguard Short-Term Bond ETF (NYSEARCA:BSV) Sees Large Volume Increase – Here’s Why

Shares of Vanguard Short-Term Bond ETF (NYSEARCA:BSV) saw an uptick in trading volume on Thursday . 1,338,927 shares traded hands during mid-day trading, a decline of 27% from the previous session’s volume of 1,835,398 shares.The stock last traded at $77.58 and had previously closed at $77.67.

Vanguard Short-Term Bond ETF Stock Down 0.4 %

The stock has a 50 day simple moving average of $78.26 and a 200 day simple moving average of $77.31.

Institutional Investors Weigh In On Vanguard Short-Term Bond ETF

A number of hedge funds have recently added to or reduced their stakes in BSV. Quent Capital LLC acquired a new position in shares of Vanguard Short-Term Bond ETF during the first quarter worth approximately $25,000. Cedar Wealth Management LLC boosted its position 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 worth $27,000 after acquiring an additional 282 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Vanguard Short-Term Bond ETF in the second quarter worth $30,000. Creative Capital Management Investments LLC bought a new position in shares of Vanguard Short-Term Bond ETF in the third quarter worth $52,000. Finally, Triad Wealth Partners LLC acquired a new position in shares of Vanguard Short-Term Bond ETF during the second quarter valued at $56,000.

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).