Arax Advisory Partners Invests $12.10 Million in Vanguard Short-Term Bond ETF $BSV

Arax Advisory Partners acquired a new position in Vanguard Short-Term Bond ETF (NYSEARCA:BSV) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 153,501 shares of the company’s stock, valued at approximately $12,097,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Betterment LLC raised its position in shares of Vanguard Short-Term Bond ETF by 5.3% during the third quarter. Betterment LLC now owns 600,389 shares of the company’s stock worth $47,377,000 after purchasing an additional 30,133 shares during the period. PNC Financial Services Group Inc. raised its position in shares of Vanguard Short-Term Bond ETF by 6.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 200,894 shares of the company’s stock worth $15,832,000 after purchasing an additional 11,652 shares during the period. Bleakley Financial Group LLC raised its position in shares of Vanguard Short-Term Bond ETF by 8.7% during the third quarter. Bleakley Financial Group LLC now owns 113,297 shares of the company’s stock worth $8,940,000 after purchasing an additional 9,085 shares during the period. Compound Planning Inc. raised its position in shares of Vanguard Short-Term Bond ETF by 76.4% during the third quarter. Compound Planning Inc. now owns 80,135 shares of the company’s stock worth $6,323,000 after purchasing an additional 34,707 shares during the period. Finally, Compass Planning Associates Inc raised its position in shares of Vanguard Short-Term Bond ETF by 73.5% during the fourth quarter. Compass Planning Associates Inc now owns 288,726 shares of the company’s stock worth $22,754,000 after purchasing an additional 122,291 shares during the period.

Vanguard Short-Term Bond ETF Price Performance

Shares of Vanguard Short-Term Bond ETF stock opened at $77.84 on Friday. The stock’s fifty day moving average is $78.08 and its 200-day moving average is $78.53. Vanguard Short-Term Bond ETF has a 12-month low of $77.57 and a 12-month high of $79.32.

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). The Index includes all medium and larger issues of the United States Government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities of between 1 and 5 years and are publicly issued.