Vanguard Short-Term Bond ETF $BSV Stake Boosted by Cherry Tree Wealth Management LLC

Cherry Tree Wealth Management LLC boosted its holdings in Vanguard Short-Term Bond ETF (NYSEARCA:BSV) by 5.4% in the second quarter, HoldingsChannel.com reports. The firm owned 140,590 shares of the company’s stock after acquiring an additional 7,150 shares during the period. Vanguard Short-Term Bond ETF accounts for approximately 2.0% of Cherry Tree Wealth Management LLC’s investment portfolio, making the stock its 16th biggest holding. Cherry Tree Wealth Management LLC’s holdings in Vanguard Short-Term Bond ETF were worth $10,953,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Martel Wealth Advisors LLC raised its stake in Vanguard Short-Term Bond ETF by 6.2% during the 2nd quarter. Martel Wealth Advisors LLC now owns 996,458 shares of the company’s stock valued at $77,634,000 after acquiring an additional 58,179 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in shares of Vanguard Short-Term Bond ETF by 6.2% in 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 in the last quarter. McClarren Financial Advisors Inc. bought a new position in shares of Vanguard Short-Term Bond ETF in the first quarter worth $636,000. Trajan Wealth LLC lifted its stake in shares of Vanguard Short-Term Bond ETF by 17.9% in the 4th quarter. Trajan Wealth LLC now owns 622,791 shares of the company’s stock worth $49,082,000 after acquiring an additional 94,754 shares during the period. Finally, MCF Advisors LLC bought a new position in shares of Vanguard Short-Term Bond ETF in the fourth quarter valued at approximately $2,922,000.

Vanguard Short-Term Bond ETF Price Performance

Shares of NYSEARCA BSV traded down $0.01 during mid-day trading on Tuesday, reaching $76.72. 760,511 shares of the company traded hands, compared to its average volume of 2,728,883. Vanguard Short-Term Bond ETF has a fifty-two week low of $76.67 and a fifty-two week high of $79.32. The stock has a fifty day simple moving average of $77.47 and a 200-day simple moving average of $77.92.

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.