Vanguard Short-Term Bond ETF $BSV Stock Sold by Foundation Wealth Management LLC PA

Foundation Wealth Management LLC PA trimmed its holdings in shares of Vanguard Short-Term Bond ETF (NYSEARCA:BSV) by 7.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 88,242 shares of the company’s stock after selling 6,843 shares during the period. Vanguard Short-Term Bond ETF makes up about 2.3% of Foundation Wealth Management LLC PA’s investment portfolio, making the stock its 12th largest holding. Foundation Wealth Management LLC PA’s holdings in Vanguard Short-Term Bond ETF were worth $6,742,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of BSV. Alkeme Wealth LLC increased its holdings in Vanguard Short-Term Bond ETF by 13.2% in the 3rd quarter. Alkeme Wealth LLC now owns 163,164 shares of the company’s stock worth $12,466,000 after buying an additional 18,969 shares in the last quarter. Martel Wealth Advisors LLC lifted 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 during the period. McClarren Financial Advisors Inc. bought a new position in Vanguard Short-Term Bond ETF during the 1st quarter valued at about $636,000. Shah Wealth Advisors LLC bought a new position in Vanguard Short-Term Bond ETF during the 2nd quarter valued at about $7,296,000. Finally, Highland Investment Advisors LLC purchased a new stake in shares of Vanguard Short-Term Bond ETF during the 2nd quarter valued at about $1,349,000.

Vanguard Short-Term Bond ETF Stock Down 0.0%

Shares of NYSEARCA BSV opened at $76.37 on Wednesday. The firm’s 50-day moving average price is $77.00 and its 200-day moving average price is $77.60. Vanguard Short-Term Bond ETF has a 52-week low of $76.02 and a 52-week 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.