Potomac Fund Management Inc. ADV Invests $482,000 in Vanguard Short-Term Bond ETF (NYSEARCA:BSV)

Potomac Fund Management Inc. ADV purchased a new position in shares of Vanguard Short-Term Bond ETF (NYSEARCA:BSV) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 6,238 shares of the company’s stock, valued at approximately $482,000.

Several other large investors have also recently added to or reduced their stakes in BSV. Lokken Investment Group LLC boosted its holdings in Vanguard Short-Term Bond ETF by 11.9% in the 4th quarter. Lokken Investment Group LLC now owns 16,446 shares of the company’s stock valued at $1,271,000 after purchasing an additional 1,749 shares in the last quarter. StoneX Group Inc. acquired a new stake in shares of Vanguard Short-Term Bond ETF in the 4th quarter valued at approximately $1,255,000. Riggs Capital Management LLC purchased a new stake in shares of Vanguard Short-Term Bond ETF in the fourth quarter valued at approximately $1,729,000. Prudent Man Investment Management Inc. acquired a new position in Vanguard Short-Term Bond ETF during the fourth quarter worth $559,000. Finally, C M Bidwell & Associates Ltd. raised its position in Vanguard Short-Term Bond ETF by 6.4% in the fourth quarter. C M Bidwell & Associates Ltd. now owns 155,412 shares of the company’s stock worth $12,009,000 after acquiring an additional 9,335 shares in the last quarter.

Vanguard Short-Term Bond ETF Price Performance

Vanguard Short-Term Bond ETF stock opened at $78.11 on Wednesday. Vanguard Short-Term Bond ETF has a one year low of $75.72 and a one year high of $79.02. The business has a fifty day moving average of $77.74 and a two-hundred day moving average of $77.70.

Vanguard Short-Term Bond ETF Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, April 3rd. Investors of record on Tuesday, April 1st will be paid a $0.2474 dividend. This is a boost from Vanguard Short-Term Bond ETF’s previous dividend of $0.20. The ex-dividend date of this dividend is Tuesday, April 1st.

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).