Vanguard Short-Term Bond ETF (NYSEARCA:BSV) Shares Purchased by Morris Financial Concepts Inc.

Morris Financial Concepts Inc. grew its position in shares of Vanguard Short-Term Bond ETF (NYSEARCA:BSV) by 18.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 38,570 shares of the company’s stock after purchasing an additional 6,072 shares during the period. Vanguard Short-Term Bond ETF accounts for about 1.7% of Morris Financial Concepts Inc.’s investment portfolio, making the stock its 13th largest position. Morris Financial Concepts Inc.’s holdings in Vanguard Short-Term Bond ETF were worth $2,971,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Authentikos Wealth Advisory LLC purchased a new position in shares of Vanguard Short-Term Bond ETF in the 3rd quarter worth about $28,000. CENTRAL TRUST Co purchased a new position in Vanguard Short-Term Bond ETF in the third quarter valued at approximately $31,000. Orion Capital Management LLC purchased a new position in Vanguard Short-Term Bond ETF in the third quarter valued at approximately $38,000. Provence Wealth Management Group acquired a new position in Vanguard Short-Term Bond ETF during the third quarter valued at approximately $48,000. Finally, Resurgent Financial Advisors LLC purchased a new stake in Vanguard Short-Term Bond ETF during the fourth quarter worth approximately $48,000.

Vanguard Short-Term Bond ETF Price Performance

Shares of Vanguard Short-Term Bond ETF stock traded up $0.12 during trading hours on Friday, hitting $76.03. The company’s stock had a trading volume of 1,063,342 shares, compared to its average volume of 1,923,636. The business has a fifty day moving average of $76.52 and a 200 day moving average of $76.18. Vanguard Short-Term Bond ETF has a 1-year low of $74.61 and a 1-year high of $77.32.

Vanguard Short-Term Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were issued a dividend of $0.2043 per share. This is a boost from Vanguard Short-Term Bond ETF’s previous dividend of $0.15. The ex-dividend date of this dividend was Monday, April 1st.

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).