Cornerstone Wealth Management LLC Trims Stake in Vanguard Short-Term Bond ETF (NYSEARCA:BSV)

Cornerstone Wealth Management LLC lessened its holdings in Vanguard Short-Term Bond ETF (NYSEARCA:BSV) by 7.6% during the first quarter, HoldingsChannel reports. The institutional investor owned 15,945 shares of the company’s stock after selling 1,313 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in Vanguard Short-Term Bond ETF were worth $1,222,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the business. Tidemark LLC bought a new stake in Vanguard Short-Term Bond ETF during the fourth quarter valued at approximately $25,000. Headlands Technologies LLC purchased a new position in Vanguard Short-Term Bond ETF in the fourth quarter worth $26,000. Register Financial Advisors LLC purchased a new stake in Vanguard Short-Term Bond ETF during the first quarter valued at about $27,000. Orion Capital Management LLC bought a new stake in Vanguard Short-Term Bond ETF during the third quarter worth about $38,000. Finally, Fairman Group LLC bought a new stake in Vanguard Short-Term Bond ETF during the fourth quarter worth about $38,000.

Vanguard Short-Term Bond ETF Trading Up 0.2 %

Shares of Vanguard Short-Term Bond ETF stock opened at $76.63 on Friday. Vanguard Short-Term Bond ETF has a 12 month low of $74.61 and a 12 month high of $77.32. The business’s 50-day moving average price is $76.39 and its 200-day moving average price is $76.54.

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).