Financial Life Advisors Trims Stake in Vanguard Short-Term Bond ETF (NYSEARCA:BSV)

Financial Life Advisors reduced its position in shares of Vanguard Short-Term Bond ETF (NYSEARCA:BSV) by 14.7% in the third quarter, Holdings Channel reports. The firm owned 11,943 shares of the company’s stock after selling 2,050 shares during the period. Vanguard Short-Term Bond ETF comprises approximately 0.6% of Financial Life Advisors’ holdings, making the stock its 19th biggest position. Financial Life Advisors’ holdings in Vanguard Short-Term Bond ETF were worth $965,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE grew its position in shares of Vanguard Short-Term Bond ETF by 3.0% during the 2nd quarter. Bank of America Corp DE now owns 23,405,191 shares of the company’s stock valued at $1,884,820,000 after purchasing an additional 685,989 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of Vanguard Short-Term Bond ETF by 1.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 18,639,929 shares of the company’s stock valued at $1,501,632,000 after purchasing an additional 245,109 shares in the last quarter. Envestnet Asset Management Inc. grew its position in shares of Vanguard Short-Term Bond ETF by 0.9% during the 3rd quarter. Envestnet Asset Management Inc. now owns 18,607,809 shares of the company’s stock valued at $1,503,325,000 after purchasing an additional 171,067 shares in the last quarter. Morgan Stanley grew its position in shares of Vanguard Short-Term Bond ETF by 4.8% during the 2nd quarter. Morgan Stanley now owns 9,282,556 shares of the company’s stock valued at $747,525,000 after purchasing an additional 427,140 shares in the last quarter. Finally, LPL Financial LLC grew its position in shares of Vanguard Short-Term Bond ETF by 14.9% during the 2nd quarter. LPL Financial LLC now owns 3,252,063 shares of the company’s stock valued at $261,889,000 after purchasing an additional 421,911 shares in the last quarter.

Shares of BSV traded up $0.02 during mid-day trading on Friday, reaching $80.50. 1,025,174 shares of the stock traded hands, compared to its average volume of 2,067,464. The firm has a fifty day moving average price of $80.79 and a 200 day moving average price of $80.42. Vanguard Short-Term Bond ETF has a 1 year low of $77.67 and a 1 year high of $81.19.

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).

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Institutional Ownership by Quarter for Vanguard Short-Term Bond ETF (NYSEARCA:BSV)

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