LPL Financial LLC Increases Stake in Vanguard Short-Term Bond ETF (NYSEARCA:BSV)

LPL Financial LLC raised its stake in shares of Vanguard Short-Term Bond ETF (NYSEARCA:BSV) by 17.5% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 7,059,963 shares of the company’s stock after acquiring an additional 1,050,028 shares during the period. LPL Financial LLC’s holdings in Vanguard Short-Term Bond ETF were worth $545,523,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in BSV. Thrivent Financial for Lutherans grew its holdings in Vanguard Short-Term Bond ETF by 39.0% during the 3rd quarter. Thrivent Financial for Lutherans now owns 90,179 shares of the company’s stock valued at $7,096,000 after buying an additional 25,292 shares in the last quarter. Citizens Financial Group Inc. RI grew its holdings in shares of Vanguard Short-Term Bond ETF by 3.4% in the third quarter. Citizens Financial Group Inc. RI now owns 19,944 shares of the company’s stock valued at $1,569,000 after purchasing an additional 650 shares in the last quarter. Raymond James Trust N.A. grew its holdings in shares of Vanguard Short-Term Bond ETF by 5.1% in the third quarter. Raymond James Trust N.A. now owns 46,122 shares of the company’s stock valued at $3,629,000 after purchasing an additional 2,235 shares in the last quarter. Great Valley Advisor Group Inc. grew its holdings in shares of Vanguard Short-Term Bond ETF by 1.4% in the third quarter. Great Valley Advisor Group Inc. now owns 27,132 shares of the company’s stock valued at $2,135,000 after purchasing an additional 377 shares in the last quarter. Finally, Cerity Partners LLC grew its holdings in shares of Vanguard Short-Term Bond ETF by 37.4% in the third quarter. Cerity Partners LLC now owns 2,039,806 shares of the company’s stock valued at $160,512,000 after purchasing an additional 554,982 shares in the last quarter.

Vanguard Short-Term Bond ETF Price Performance

BSV stock opened at $78.14 on Friday. The firm has a fifty day moving average price of $77.62 and a 200 day moving average price of $77.73. Vanguard Short-Term Bond ETF has a fifty-two week low of $75.72 and a fifty-two week high of $79.02.

Vanguard Short-Term Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were issued a $0.2474 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This is a positive change from Vanguard Short-Term Bond ETF’s previous dividend of $0.20.

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).