Vanguard Short-Term Bond ETF (NYSEARCA:BSV) is Fortis Advisors LLC’s 2nd Largest Position

Fortis Advisors LLC decreased its position in Vanguard Short-Term Bond ETF (NYSEARCA:BSV) by 7.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 149,346 shares of the company’s stock after selling 12,262 shares during the quarter. Vanguard Short-Term Bond ETF accounts for about 7.6% of Fortis Advisors LLC’s investment portfolio, making the stock its 2nd largest holding. Fortis Advisors LLC’s holdings in Vanguard Short-Term Bond ETF were worth $11,752,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in BSV. Envestnet Asset Management Inc. boosted its holdings in Vanguard Short-Term Bond ETF by 3.9% in the second quarter. Envestnet Asset Management Inc. now owns 50,291,492 shares of the company’s stock valued at $3,857,357,000 after purchasing an additional 1,900,726 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its stake in shares of Vanguard Short-Term Bond ETF by 7.6% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 25,442,677 shares of the company’s stock valued at $1,934,771,000 after buying an additional 1,798,704 shares during the last quarter. Empower Advisory Group LLC grew its position in shares of Vanguard Short-Term Bond ETF by 4.9% during the third quarter. Empower Advisory Group LLC now owns 15,200,448 shares of the company’s stock worth $1,196,123,000 after buying an additional 711,531 shares in the last quarter. Allworth Financial LP increased its stake in shares of Vanguard Short-Term Bond ETF by 2.6% in the third quarter. Allworth Financial LP now owns 12,194,753 shares of the company’s stock worth $959,605,000 after buying an additional 309,701 shares during the last quarter. Finally, LPL Financial LLC raised its holdings in Vanguard Short-Term Bond ETF by 0.4% in the second quarter. LPL Financial LLC now owns 5,924,618 shares of the company’s stock valued at $454,418,000 after acquiring an additional 24,559 shares in the last quarter.

Vanguard Short-Term Bond ETF Price Performance

Shares of BSV stock opened at $77.38 on Tuesday. The firm has a fifty day moving average of $78.05 and a two-hundred day moving average of $77.44. Vanguard Short-Term Bond ETF has a 1-year low of $75.64 and a 1-year high of $79.02.

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).