Level Financial Advisors Grows Position in Vanguard Short-Term Bond ETF (NYSEARCA:BSV)

Level Financial Advisors raised its stake in Vanguard Short-Term Bond ETF (NYSEARCA:BSV) by 0.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 161,770 shares of the company’s stock after acquiring an additional 1,220 shares during the period. Vanguard Short-Term Bond ETF makes up 5.4% of Level Financial Advisors’ portfolio, making the stock its 4th biggest position. Level Financial Advisors’ holdings in Vanguard Short-Term Bond ETF were worth $12,408,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Howe & Rusling Inc. raised its holdings in Vanguard Short-Term Bond ETF by 35.2% in the 4th quarter. Howe & Rusling Inc. now owns 4,037 shares of the company’s stock worth $311,000 after acquiring an additional 1,050 shares during the last quarter. AGF Management Ltd. lifted its holdings 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 valued at $3,521,000 after purchasing an additional 6,450 shares in the last quarter. Private Management Group Inc. boosted its position in shares of Vanguard Short-Term Bond ETF by 169.5% during the fourth quarter. Private Management Group Inc. now owns 7,190 shares of the company’s stock valued at $554,000 after buying an additional 4,522 shares during the last quarter. Cullen Frost Bankers Inc. increased its holdings in Vanguard Short-Term Bond ETF by 103.3% in the 4th quarter. Cullen Frost Bankers Inc. now owns 451,835 shares of the company’s stock worth $34,800,000 after buying an additional 229,550 shares in the last quarter. Finally, Townsend Asset Management Corp NC ADV bought a new stake in Vanguard Short-Term Bond ETF in the 4th quarter worth about $56,000.

Vanguard Short-Term Bond ETF Price Performance

BSV traded down $0.13 during midday trading on Thursday, hitting $78.06. 2,230,022 shares of the company traded hands, compared to its average volume of 1,840,932. The company’s 50-day moving average is $77.26 and its 200 day moving average is $76.68. Vanguard Short-Term Bond ETF has a 52 week low of $74.61 and a 52 week high of $78.49.

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).