Sax Wealth Advisors LLC Raises Holdings in Vanguard Short-Term Bond ETF $BSV

Sax Wealth Advisors LLC lifted its position in Vanguard Short-Term Bond ETF (NYSEARCA:BSV) by 135.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 27,692 shares of the company’s stock after purchasing an additional 15,952 shares during the quarter. Sax Wealth Advisors LLC’s holdings in Vanguard Short-Term Bond ETF were worth $2,182,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Lowe Brockenbrough & Co. Inc. boosted its stake in Vanguard Short-Term Bond ETF by 253.6% during the third quarter. Lowe Brockenbrough & Co. Inc. now owns 389 shares of the company’s stock valued at $31,000 after buying an additional 279 shares during the last quarter. Kelleher Financial Advisors bought a new stake in Vanguard Short-Term Bond ETF in the 3rd quarter worth approximately $31,000. Sound Income Strategies LLC increased its stake in Vanguard Short-Term Bond ETF by 104.9% in the 3rd quarter. Sound Income Strategies LLC now owns 506 shares of the company’s stock worth $40,000 after acquiring an additional 259 shares during the last quarter. Delos Wealth Advisors LLC purchased a new stake in shares of Vanguard Short-Term Bond ETF during the 2nd quarter worth approximately $43,000. Finally, Texas Capital Bancshares Inc TX purchased a new stake in shares of Vanguard Short-Term Bond ETF during the 3rd quarter worth approximately $48,000.

Vanguard Short-Term Bond ETF Trading Up 0.2%

NYSEARCA BSV opened at $78.25 on Thursday. The stock has a 50 day moving average price of $78.77 and a 200-day moving average price of $78.85. Vanguard Short-Term Bond ETF has a one year low of $77.59 and a one year high of $79.32.

Vanguard Short-Term Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were given a dividend of $0.2415 per share. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.7%.

Vanguard Short-Term Bond ETF Profile

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.