Apollon Wealth Management LLC Purchases 196,452 Shares of Vanguard Short-Term Bond ETF (NYSEARCA:BSV)

Apollon Wealth Management LLC grew its holdings in shares of Vanguard Short-Term Bond ETF (NYSEARCA:BSV) by 1,411.0% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 210,375 shares of the company’s stock after buying an additional 196,452 shares during the period. Apollon Wealth Management LLC’s holdings in Vanguard Short-Term Bond ETF were worth $16,256,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of BSV. Brewster Financial Planning LLC increased its position in shares of Vanguard Short-Term Bond ETF by 5.7% during the third quarter. Brewster Financial Planning LLC now owns 191,825 shares of the company’s stock worth $15,095,000 after acquiring an additional 10,319 shares during the period. Moisand Fitzgerald Tamayo LLC raised its position in Vanguard Short-Term Bond ETF by 10.5% during the 3rd quarter. Moisand Fitzgerald Tamayo LLC now owns 410,193 shares of the company’s stock valued at $32,278,000 after purchasing an additional 39,093 shares in the last quarter. Successful Portfolios LLC lifted its holdings in shares of Vanguard Short-Term Bond ETF by 9.8% in the 3rd quarter. Successful Portfolios LLC now owns 43,596 shares of the company’s stock worth $3,431,000 after buying an additional 3,893 shares during the period. LVW Advisors LLC bought a new position in shares of Vanguard Short-Term Bond ETF during the 3rd quarter worth $10,444,000. Finally, Martel Wealth Advisors Inc increased its stake in shares of Vanguard Short-Term Bond ETF by 3.0% during the third quarter. Martel Wealth Advisors Inc now owns 709,201 shares of the company’s stock valued at $55,346,000 after buying an additional 20,662 shares during the period.

Vanguard Short-Term Bond ETF Stock Down 0.2 %

NYSEARCA:BSV opened at $77.33 on Friday. The company has a 50-day moving average of $77.36 and a 200 day moving average of $77.75. Vanguard Short-Term Bond ETF has a 1-year low of $75.72 and a 1-year high of $79.02.

Vanguard Short-Term Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.2474 per share. The ex-dividend date was Monday, February 3rd. This is a positive change from Vanguard Short-Term Bond ETF’s previous dividend of $0.20.

Vanguard Short-Term Bond ETF Profile

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).