Vanguard Short-Term Bond ETF (NYSEARCA:BSV) Sees Unusually-High Trading Volume – Here’s What Happened

Vanguard Short-Term Bond ETF (NYSEARCA:BSV) saw an uptick in trading volume on Friday . 6,784,902 shares changed hands during trading, an increase of 172% from the previous session’s volume of 2,496,001 shares.The stock last traded at $76.99 and had previously closed at $77.22.

Vanguard Short-Term Bond ETF Trading Down 0.3 %

The firm has a fifty day moving average price of $77.37 and a 200 day moving average price of $77.69.

Hedge Funds Weigh In On Vanguard Short-Term Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of BSV. Envestnet Asset Management Inc. lifted its holdings in Vanguard Short-Term Bond ETF by 3.9% in the second quarter. Envestnet Asset Management Inc. now owns 50,291,492 shares of the company’s stock valued at $3,857,357,000 after acquiring an additional 1,900,726 shares during the last quarter. Mercer Global Advisors Inc. ADV grew its holdings in shares of Vanguard Short-Term Bond ETF by 7.6% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 25,442,677 shares of the company’s stock worth $1,934,771,000 after purchasing an additional 1,798,704 shares during the period. JPMorgan Chase & Co. increased its position in shares of Vanguard Short-Term Bond ETF by 21.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 22,255,805 shares of the company’s stock worth $1,751,309,000 after purchasing an additional 3,984,419 shares during the last quarter. Empower Advisory Group LLC raised its holdings in Vanguard Short-Term Bond ETF by 4.9% in the 3rd quarter. Empower Advisory Group LLC now owns 15,200,448 shares of the company’s stock valued at $1,196,123,000 after buying an additional 711,531 shares during the period. Finally, Allworth Financial LP lifted its position in Vanguard Short-Term Bond ETF by 2.6% in the third quarter. Allworth Financial LP now owns 12,194,753 shares of the company’s stock valued at $959,605,000 after buying an additional 309,701 shares during the last quarter.

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).