Diversified Portfolios Inc. Has $24.62 Million Holdings in Vanguard Short-Term Bond ETF (NYSEARCA:BSV)

Diversified Portfolios Inc. lessened its stake in Vanguard Short-Term Bond ETF (NYSEARCA:BSV) by 19.7% during the fourth quarter, HoldingsChannel reports. The firm owned 318,667 shares of the company’s stock after selling 78,226 shares during the period. Vanguard Short-Term Bond ETF comprises approximately 2.7% of Diversified Portfolios Inc.’s portfolio, making the stock its 9th biggest holding. Diversified Portfolios Inc.’s holdings in Vanguard Short-Term Bond ETF were worth $24,623,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the company. Jmac Enterprises LLC lifted its stake in shares of Vanguard Short-Term Bond ETF by 1.5% during the 4th quarter. Jmac Enterprises LLC now owns 24,417 shares of the company’s stock valued at $1,887,000 after buying an additional 358 shares in the last quarter. Avidian Wealth Enterprises LLC boosted its holdings in shares of Vanguard Short-Term Bond ETF by 5.4% in the fourth quarter. Avidian Wealth Enterprises LLC now owns 18,875 shares of the company’s stock worth $1,458,000 after acquiring an additional 974 shares during the period. Schwartz Investment Counsel Inc. grew its position in shares of Vanguard Short-Term Bond ETF by 2.4% in the fourth quarter. Schwartz Investment Counsel Inc. now owns 16,900 shares of the company’s stock valued at $1,306,000 after purchasing an additional 400 shares in the last quarter. Alaska Wealth Advisors raised its stake in shares of Vanguard Short-Term Bond ETF by 2.1% during the 4th quarter. Alaska Wealth Advisors now owns 174,644 shares of the company’s stock valued at $13,495,000 after purchasing an additional 3,629 shares during the period. Finally, MeadowBrook Investment Advisors LLC purchased a new stake in Vanguard Short-Term Bond ETF during the 4th quarter worth about $448,000.

Vanguard Short-Term Bond ETF Stock Performance

Shares of NYSEARCA BSV opened at $77.35 on Wednesday. Vanguard Short-Term Bond ETF has a 52 week low of $75.72 and a 52 week high of $79.02. The business has a 50-day simple moving average of $77.35 and a two-hundred day simple moving average of $77.76.

Vanguard Short-Term Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were given a $0.2474 dividend. This is a positive change from Vanguard Short-Term Bond ETF’s previous dividend of $0.20. The ex-dividend date of this dividend was Monday, February 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).