Vanguard Short-Term Bond ETF (NYSEARCA:BSV) Sees Unusually-High Trading Volume – Should You Buy?

Shares of Vanguard Short-Term Bond ETF (NYSEARCA:BSV) saw an uptick in trading volume on Friday . 8,798,065 shares were traded during mid-day trading, an increase of 369% from the previous session’s volume of 1,876,335 shares.The stock last traded at $77.27 and had previously closed at $77.21.

Vanguard Short-Term Bond ETF Trading Up 0.2 %

The company has a fifty day simple moving average of $78.10 and a two-hundred day simple moving average of $77.40.

Hedge Funds Weigh In On Vanguard Short-Term Bond ETF

Hedge funds have recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. raised its position in shares of Vanguard Short-Term Bond ETF by 3.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 50,291,492 shares of the company’s stock valued at $3,857,357,000 after acquiring an additional 1,900,726 shares during the period. Mercer Global Advisors Inc. ADV raised its holdings in Vanguard Short-Term Bond ETF by 7.6% in the second quarter. Mercer Global Advisors Inc. ADV now owns 25,442,677 shares of the company’s stock worth $1,934,771,000 after purchasing an additional 1,798,704 shares during the period. Empower Advisory Group LLC boosted 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 purchasing an additional 711,531 shares in the last quarter. Allworth Financial LP grew its holdings in shares of Vanguard Short-Term Bond ETF by 2.6% in the 3rd quarter. Allworth Financial LP now owns 12,194,753 shares of the company’s stock valued at $959,605,000 after buying an additional 309,701 shares during the period. Finally, Truepoint Inc. grew its holdings in shares of Vanguard Short-Term Bond ETF by 2.5% in the 3rd quarter. Truepoint Inc. now owns 6,013,964 shares of the company’s stock valued at $473,239,000 after buying an additional 146,868 shares during the period.

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).