Simmons Bank Makes New Investment in Vanguard Short-Term Bond ETF (NYSEARCA:BSV)

Simmons Bank acquired a new stake in Vanguard Short-Term Bond ETF (NYSEARCA:BSV) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 116,570 shares of the company’s stock, valued at approximately $9,278,000. Vanguard Short-Term Bond ETF comprises approximately 0.9% of Simmons Bank’s investment portfolio, making the stock its 25th biggest position.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. McCutchen Group LLC boosted its position in shares of Vanguard Short-Term Bond ETF by 10.2% during the first quarter. McCutchen Group LLC now owns 155,805 shares of the company’s stock worth $12,401,000 after buying an additional 14,422 shares during the period. Lincoln Capital LLC acquired a new stake in shares of Vanguard Short-Term Bond ETF in the first quarter valued at approximately $205,000. Confluence Wealth Management LLC lifted its position in shares of Vanguard Short-Term Bond ETF by 90.8% in the fourth quarter. Confluence Wealth Management LLC now owns 26,917 shares of the company’s stock valued at $2,115,000 after buying an additional 12,807 shares during the last quarter. Larson Financial Group LLC lifted its position in shares of Vanguard Short-Term Bond ETF by 2.4% in the first quarter. Larson Financial Group LLC now owns 19,909 shares of the company’s stock valued at $1,585,000 after buying an additional 466 shares during the last quarter. Finally, Parkside Investments LLC acquired a new stake in shares of Vanguard Short-Term Bond ETF in the fourth quarter valued at approximately $2,064,000.

Shares of NYSEARCA BSV traded down $0.03 during trading hours on Friday, reaching $80.53. 1,141,252 shares of the stock were exchanged, compared to its average volume of 2,376,309. Vanguard Short-Term Bond ETF has a 52 week low of $77.66 and a 52 week high of $80.64. The company’s fifty day simple moving average is $80.03.

The company also recently announced a monthly dividend, which was paid on Thursday, June 6th. Stockholders of record on Tuesday, June 4th were paid a dividend of $0.158 per share. The ex-dividend date was Monday, June 3rd. This represents a $1.90 dividend on an annualized basis and a dividend yield of 2.35%. This is a positive change from Vanguard Short-Term Bond ETF’s previous monthly dividend of $0.16.

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).

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

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