Potomac Fund Management Inc. ADV Makes New Investment in Vanguard Short-Term Bond ETF (NYSEARCA:BSV)

Potomac Fund Management Inc. ADV bought a new stake in Vanguard Short-Term Bond ETF (NYSEARCA:BSV) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 6,238 shares of the company’s stock, valued at approximately $482,000.

A number of other large investors have also recently made changes to their positions in the company. Key Financial Inc lifted its stake in Vanguard Short-Term Bond ETF by 152.9% in the fourth quarter. Key Financial Inc now owns 349 shares of the company’s stock valued at $27,000 after buying an additional 211 shares during the last quarter. Financial Life Planners acquired a new position in shares of Vanguard Short-Term Bond ETF in the 4th quarter valued at $32,000. Brown Brothers Harriman & Co. raised its position in Vanguard Short-Term Bond ETF by 275.4% in the 4th quarter. Brown Brothers Harriman & Co. now owns 458 shares of the company’s stock valued at $35,000 after purchasing an additional 336 shares during the last quarter. Fortitude Family Office LLC purchased a new stake in Vanguard Short-Term Bond ETF in the 4th quarter valued at $42,000. Finally, Graney & King LLC acquired a new stake in Vanguard Short-Term Bond ETF during the 4th quarter worth $43,000.

Vanguard Short-Term Bond ETF Stock Performance

NYSEARCA BSV opened at $78.11 on Wednesday. The firm’s fifty day moving average is $77.74 and its two-hundred day moving average is $77.70. Vanguard Short-Term Bond ETF has a one year low of $75.72 and a one year high of $79.02.

Vanguard Short-Term Bond ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Thursday, April 3rd. Investors of record on Tuesday, April 1st will be given a $0.2474 dividend. The ex-dividend date of this dividend is Tuesday, April 1st. This is a boost 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).