Vanguard Short-Term Bond ETF (NYSEARCA:BSV) Sees Large Volume Increase – Here’s What Happened

Vanguard Short-Term Bond ETF (NYSEARCA:BSV) shares saw unusually-high trading volume on Friday . Approximately 6,387,740 shares traded hands during trading, an increase of 200% from the previous session’s volume of 2,131,466 shares.The stock last traded at $77.40 and had previously closed at $77.35.

Vanguard Short-Term Bond ETF Trading Up 0.1 %

The firm has a 50-day moving average of $77.35 and a 200 day moving average of $77.72.

Hedge Funds Weigh In On Vanguard Short-Term Bond ETF

Hedge funds have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. grew its position in 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 acquiring an additional 3,984,419 shares during the last quarter. International Assets Investment Management LLC lifted its stake in shares of Vanguard Short-Term Bond ETF by 9,200.9% in the 3rd quarter. International Assets Investment Management LLC now owns 1,235,531 shares of the company’s stock valued at $97,224,000 after purchasing an additional 1,222,247 shares during the period. BNP Paribas Financial Markets lifted its stake in shares of Vanguard Short-Term Bond ETF by 341.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 1,100,236 shares of the company’s stock valued at $86,578,000 after purchasing an additional 850,753 shares during the period. Empower Advisory Group LLC lifted its stake in shares of 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 purchasing an additional 711,531 shares during the period. Finally, Cerity Partners LLC raised its stake in Vanguard Short-Term Bond ETF by 37.4% during the 3rd quarter. Cerity Partners LLC now owns 2,039,806 shares of the company’s stock worth $160,512,000 after buying an additional 554,982 shares during the period.

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).