Partners in Financial Planning Invests $32.47 Million in Vanguard Short-Term Bond ETF (NYSEARCA:BSV)

Partners in Financial Planning acquired a new position in shares of Vanguard Short-Term Bond ETF (NYSEARCA:BSV) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 420,233 shares of the company’s stock, valued at approximately $32,471,000. Vanguard Short-Term Bond ETF accounts for 6.6% of Partners in Financial Planning’s portfolio, making the stock its 6th largest position. Partners in Financial Planning owned about 0.10% of Vanguard Short-Term Bond ETF as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Essential Planning LLC. raised its stake in shares of Vanguard Short-Term Bond ETF by 6,474.1% in the 4th quarter. Essential Planning LLC. now owns 4,825,007 shares of the company’s stock valued at $374,535,000 after purchasing an additional 4,751,613 shares during the period. JPMorgan Chase & Co. raised its position in Vanguard Short-Term Bond ETF by 20.9% in the 4th quarter. JPMorgan Chase & Co. now owns 26,903,564 shares of the company’s stock valued at $2,078,839,000 after buying an additional 4,647,759 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Vanguard Short-Term Bond ETF in the 4th quarter valued at approximately $213,867,000. Beacon Capital Management Inc. lifted its stake in Vanguard Short-Term Bond ETF by 737.1% in the 4th quarter. Beacon Capital Management Inc. now owns 1,792,517 shares of the company’s stock valued at $138,508,000 after acquiring an additional 1,578,387 shares in the last quarter. Finally, Allworth Financial LP boosted its position in Vanguard Short-Term Bond ETF by 11.9% during the 4th quarter. Allworth Financial LP now owns 13,649,853 shares of the company’s stock worth $1,055,680,000 after acquiring an additional 1,455,100 shares during the last quarter.

Vanguard Short-Term Bond ETF Trading Up 0.3 %

NYSEARCA BSV opened at $78.24 on Monday. The firm’s 50 day moving average is $77.70 and its 200-day moving average is $77.70. Vanguard Short-Term Bond ETF has a 12-month low of $75.72 and a 12-month high of $79.02.

Vanguard Short-Term Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were given a dividend of $0.2474 per share. The ex-dividend date of this dividend was Monday, March 3rd. This is a boost from Vanguard Short-Term Bond ETF’s previous dividend of $0.20.

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).