Vanguard Short-Term Bond ETF (NYSEARCA:BSV) Shares Break Below 50 Day Moving Average – Time to Sell?

Shares of Vanguard Short-Term Bond ETF (NYSEARCA:BSV) crossed below its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of $76.68 and traded as low as $76.59. Vanguard Short-Term Bond ETF shares last traded at $76.67, with a volume of 2,567,003 shares.

Vanguard Short-Term Bond ETF Trading Down 0.3%

The business has a 50-day moving average of $76.66 and a two-hundred day moving average of $77.74.

Hedge Funds Weigh In On Vanguard Short-Term Bond ETF

A number of institutional investors have recently modified their holdings of BSV. Alkeme Wealth LLC lifted its position in Vanguard Short-Term Bond ETF by 13.2% in the 3rd quarter. Alkeme Wealth LLC now owns 163,164 shares of the company’s stock valued at $12,466,000 after acquiring an additional 18,969 shares in the last quarter. Martel Wealth Advisors LLC increased its holdings in Vanguard Short-Term Bond ETF by 6.2% during the second quarter. Martel Wealth Advisors LLC now owns 996,458 shares of the company’s stock worth $77,634,000 after buying an additional 58,179 shares during the last quarter. Kestra Advisory Services LLC raised its holdings in shares of Vanguard Short-Term Bond ETF by 18.3% in the 3rd quarter. Kestra Advisory Services LLC now owns 345,358 shares of the company’s stock worth $26,385,000 after purchasing an additional 53,488 shares during the period. Shah Wealth Advisors LLC bought a new stake in shares of Vanguard Short-Term Bond ETF in the second quarter valued at $7,296,000. Finally, Highland Investment Advisors LLC purchased a new stake in Vanguard Short-Term Bond ETF during the second quarter valued at about $1,349,000.

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). The Index includes all medium and larger issues of the United States Government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities of between 1 and 5 years and are publicly issued.