Prudent Man Investment Management Inc. Invests $559,000 in Vanguard Short-Term Bond ETF (NYSEARCA:BSV)

Prudent Man Investment Management Inc. bought a new stake in Vanguard Short-Term Bond ETF (NYSEARCA:BSV) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 7,234 shares of the company’s stock, valued at approximately $559,000. Vanguard Short-Term Bond ETF comprises 0.3% of Prudent Man Investment Management Inc.’s holdings, making the stock its 14th largest holding.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Private Advisor Group LLC boosted its stake in Vanguard Short-Term Bond ETF by 9.7% during the fourth quarter. Private Advisor Group LLC now owns 178,479 shares of the company’s stock worth $13,791,000 after buying an additional 15,787 shares during the last quarter. Voya Financial Advisors Inc. raised its holdings in shares of Vanguard Short-Term Bond ETF by 0.9% during the 3rd quarter. Voya Financial Advisors Inc. now owns 303,095 shares of the company’s stock worth $23,893,000 after acquiring an additional 2,720 shares during the period. JPMorgan Chase & Co. boosted 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 valued at $1,751,309,000 after acquiring an additional 3,984,419 shares during the last quarter. Vontobel Holding Ltd. purchased a new stake in shares of Vanguard Short-Term Bond ETF in the fourth quarter valued at about $773,000. Finally, Arrowroot Family Office LLC boosted its holdings in Vanguard Short-Term Bond ETF by 14.1% in the 3rd quarter. Arrowroot Family Office LLC now owns 30,650 shares of the company’s stock valued at $2,412,000 after purchasing an additional 3,785 shares during the last quarter.

Vanguard Short-Term Bond ETF Price Performance

Shares of NYSEARCA:BSV opened at $78.24 on Monday. The business has a 50-day moving average price of $77.70 and a 200 day moving average price of $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 announced a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.2474 per share. The ex-dividend date of this dividend was Monday, March 3rd. This is a positive change 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).