Vanguard Short-Term Bond ETF (NYSEARCA:BSV) Sets New 52-Week Low – Here’s Why

Shares of Vanguard Short-Term Bond ETF (NYSEARCA:BSV) hit a new 52-week low during trading on Tuesday . The company traded as low as $77.46 and last traded at $77.47, with a volume of 1630844 shares. The stock had previously closed at $77.60.

Vanguard Short-Term Bond ETF Trading Down 0.2%

The firm’s fifty day moving average price is $77.83 and its two-hundred day moving average price is $78.36.

Institutional Investors Weigh In On Vanguard Short-Term Bond ETF

Large investors have recently added to or reduced their stakes in the stock. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in shares of Vanguard Short-Term Bond ETF in the 4th quarter worth $25,000. IFC & Insurance Marketing Inc. purchased a new stake in Vanguard Short-Term Bond ETF during the fourth quarter valued at $26,000. Colonial Trust Advisors purchased a new stake in Vanguard Short-Term Bond ETF during the fourth quarter valued at $30,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in Vanguard Short-Term Bond ETF in the fourth quarter valued at about $31,000. Finally, Blueline Advisors LLC bought a new position in Vanguard Short-Term Bond ETF in the fourth quarter valued at about $31,000.

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.