Gemmer Asset Management LLC Acquires 57,694 Shares of Vanguard Short-Term Bond ETF (NYSEARCA:BSV)

Gemmer Asset Management LLC raised its stake in Vanguard Short-Term Bond ETF (NYSEARCA:BSV) by 10.5% in the fourth quarter, HoldingsChannel.com reports. The fund owned 607,519 shares of the company’s stock after buying an additional 57,694 shares during the quarter. Vanguard Short-Term Bond ETF accounts for 4.6% of Gemmer Asset Management LLC’s portfolio, making the stock its 5th biggest position. Gemmer Asset Management LLC’s holdings in Vanguard Short-Term Bond ETF were worth $46,943,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Truvestments Capital LLC acquired a new stake in shares of Vanguard Short-Term Bond ETF in the 3rd quarter worth about $36,000. Fortitude Family Office LLC bought a new position in Vanguard Short-Term Bond ETF in the 4th quarter worth about $42,000. Creative Capital Management Investments LLC acquired a new stake in shares of Vanguard Short-Term Bond ETF in the third quarter valued at approximately $52,000. Lowe Wealth Advisors LLC acquired a new position in Vanguard Short-Term Bond ETF during the 4th quarter worth $54,000. Finally, Grove Bank & Trust bought a new position in shares of Vanguard Short-Term Bond ETF in the fourth quarter worth $66,000.

Vanguard Short-Term Bond ETF Stock Performance

Shares of NYSEARCA BSV opened at $77.32 on Monday. The firm’s 50-day simple moving average is $77.35 and its 200 day simple moving average is $77.71. Vanguard Short-Term Bond ETF has a fifty-two week low of $75.72 and a fifty-two week high of $79.02.

Vanguard Short-Term Bond ETF Company 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).