Riggs Capital Management LLC Purchases New Position in Vanguard Short-Term Bond ETF (NYSEARCA:BSV)

Riggs Capital Management LLC acquired a new position in shares of Vanguard Short-Term Bond ETF (NYSEARCA:BSV) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 22,373 shares of the company’s stock, valued at approximately $1,729,000. Vanguard Short-Term Bond ETF makes up approximately 1.7% of Riggs Capital Management LLC’s portfolio, making the stock its 16th biggest holding.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. increased its holdings in Vanguard Short-Term Bond ETF by 20.9% during the 4th quarter. JPMorgan Chase & Co. now owns 26,903,564 shares of the company’s stock valued at $2,078,839,000 after purchasing an additional 4,647,759 shares in the last quarter. Empower Advisory Group LLC grew its holdings in shares of Vanguard Short-Term Bond ETF by 7.4% during the fourth quarter. Empower Advisory Group LLC now owns 16,322,389 shares of the company’s stock worth $1,261,231,000 after purchasing an additional 1,121,941 shares during the last quarter. Allworth Financial LP increased its stake in shares of Vanguard Short-Term Bond ETF by 11.9% in the fourth quarter. Allworth Financial LP now owns 13,649,853 shares of the company’s stock valued at $1,055,680,000 after buying an additional 1,455,100 shares in the last quarter. LPL Financial LLC raised its holdings in shares of Vanguard Short-Term Bond ETF by 17.5% in the fourth quarter. LPL Financial LLC now owns 7,059,963 shares of the company’s stock valued at $545,523,000 after buying an additional 1,050,028 shares during the last quarter. Finally, Truepoint Inc. lifted its position in Vanguard Short-Term Bond ETF by 4.1% during the 4th quarter. Truepoint Inc. now owns 6,262,742 shares of the company’s stock worth $483,922,000 after buying an additional 248,778 shares in the last quarter.

Vanguard Short-Term Bond ETF Stock Up 0.3 %

Shares of NYSEARCA BSV opened at $78.24 on Monday. Vanguard Short-Term Bond ETF has a 1-year low of $75.72 and a 1-year high of $79.02. The company has a 50-day moving average of $77.70 and a two-hundred day moving average of $77.70.

Vanguard Short-Term Bond ETF Increases Dividend

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

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).