Parkworth Wealth Management Inc. Acquires Shares of 42,617 Vanguard Short-Term Bond ETF (NYSEARCA:BSV)

Parkworth Wealth Management Inc. acquired a new position in Vanguard Short-Term Bond ETF (NYSEARCA:BSV) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 42,617 shares of the company’s stock, valued at approximately $3,293,000. Vanguard Short-Term Bond ETF comprises 2.7% of Parkworth Wealth Management Inc.’s investment portfolio, making the stock its 11th largest holding.

Other institutional investors and hedge funds have also bought and sold shares of the company. EverSource Wealth Advisors LLC boosted its stake in shares of Vanguard Short-Term Bond ETF by 29.4% during the fourth quarter. EverSource Wealth Advisors LLC now owns 279,260 shares of the company’s stock valued at $21,578,000 after purchasing an additional 63,414 shares during the period. Sequoia Financial Advisors LLC boosted its stake in shares of Vanguard Short-Term Bond ETF by 8,092.7% during the fourth quarter. Sequoia Financial Advisors LLC now owns 323,777 shares of the company’s stock valued at $25,018,000 after purchasing an additional 319,825 shares during the period. Idaho Trust Bank purchased a new stake in shares of Vanguard Short-Term Bond ETF during the fourth quarter valued at approximately $350,000. HighTower Advisors LLC boosted its stake in shares of Vanguard Short-Term Bond ETF by 3.4% during the fourth quarter. HighTower Advisors LLC now owns 579,641 shares of the company’s stock valued at $44,789,000 after purchasing an additional 19,074 shares during the period. Finally, AGF Management Ltd. boosted its stake in shares of Vanguard Short-Term Bond ETF by 17.4% during the fourth quarter. AGF Management Ltd. now owns 54,535 shares of the company’s stock valued at $4,214,000 after purchasing an additional 8,100 shares during the period.

Vanguard Short-Term Bond ETF Price Performance

NYSEARCA:BSV opened at $77.95 on Wednesday. The business has a 50 day moving average price of $77.49 and a 200-day moving average price of $77.74. 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 Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.2474 per share. The ex-dividend date of this dividend was Monday, March 3rd. This is a boost from Vanguard Short-Term Bond ETF’s previous dividend of $0.20.

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).