Meridian Wealth Management LLC acquired a new stake in Vanguard Short-Term Bond ETF (NYSEARCA:BSV) in the 1st quarter, HoldingsChannel reports. The institutional investor acquired 2,647 shares of the company’s stock, valued at approximately $211,000.

Several other institutional investors and hedge funds also recently modified their holdings of BSV. TD Asset Management Inc. increased its stake in shares of Vanguard Short-Term Bond ETF by 102.0% in the 4th quarter. TD Asset Management Inc. now owns 11,485 shares of the company’s stock worth $921,000 after acquiring an additional 5,800 shares during the last quarter. Capital Investment Advisory Services LLC acquired a new stake in shares of Vanguard Short-Term Bond ETF in the 4th quarter worth $30,000. Pinnacle Associates Ltd. increased its stake in shares of Vanguard Short-Term Bond ETF by 80.4% in the 4th quarter. Pinnacle Associates Ltd. now owns 7,187 shares of the company’s stock worth $565,000 after acquiring an additional 3,204 shares during the last quarter. CIBC Private Wealth Group LLC increased its stake in shares of Vanguard Short-Term Bond ETF by 9.0% in the 4th quarter. CIBC Private Wealth Group LLC now owns 13,906 shares of the company’s stock worth $1,093,000 after acquiring an additional 1,148 shares during the last quarter. Finally, Penserra Capital Management LLC acquired a new stake in shares of Vanguard Short-Term Bond ETF in the 4th quarter worth $5,435,000.

Shares of BSV opened at $80.28 on Monday. Vanguard Short-Term Bond ETF has a 52-week low of $77.66 and a 52-week high of $80.31.

The business also recently announced a monthly dividend, which was paid on Thursday, June 6th. Shareholders of record on Tuesday, June 4th were paid a $0.158 dividend. The ex-dividend date was Monday, June 3rd. This is an increase from Vanguard Short-Term Bond ETF’s previous monthly dividend of $0.16. This represents a $1.90 dividend on an annualized basis and a dividend yield of 2.36%.

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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).

Further Reading: What is a capital gain?

Want to see what other hedge funds are holding BSV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Short-Term Bond ETF (NYSEARCA:BSV).

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

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