Finance

BNP Paribas Arbitrage SNC Expands Investment in Vanguard Short-Term Bond ETF

Published December 5, 2023

BNP Paribas Arbitrage SNC has bolstered its investment portfolio by enhancing its holdings in the Vanguard Short-Term Bond ETF, a notable ETF trading under the ticker NYSEARCA:BSV. This strategic move saw the firm's stake increase by 13.0% in the second quarter, reflecting in their latest 13F filing with the Securities & Exchange Commission.

The substantial addition of approximately 928 shares during the quarter has resulted in BNP Paribas Arbitrage SNC owning a total of 8,085 shares in the ETF, with an evaluated worth of $611,000 at the close of that period.

Fund Movements of Note

Other key players in the hedge fund space have been seen adjusting their investments in Vanguard Short-Term Bond ETF as well. Moneta Group Investment Advisors LLC, for example, saw an increase of more than 96 thousand percent in the 4th quarter, showing confidence with an impressive holding of over 23 million shares valued at nearly $1.8 billion.

Bank Julius Baer & Co. Ltd Zurich made a similar leap in confidence during the 2nd quarter, now proudly sitting on over 8 million shares valued at over $617 million. JPMorgan Chase & Co. didn't fall far behind with a significant growth exceeding 65% in the first quarter, holding over 14 million shares valued at about $1.1 billion.

Allworth Financial LP and Jane Street Group LLC also made substantial increments in their holdings, with the former boosting their shares by roughly 71% in the second quarter and the latter by more than 35 thousand percent in the first quarter.

ETF Performance Insights

The Vanguard Short-Term Bond ETF opened trading at $76.13 on a recent Tuesday, with operational metrics showing a 50-day moving average of $75.30 and a 200-day moving average slightly higher at $75.46. The ETF witnessed a 12-month trading window, reaching a low of $74.61 and climbing to a high of $77.15.

Understanding Vanguard Short-Term Bond ETF

The Vanguard Short-Term Bond ETF aims to mirror the returns of a market-weighted index focused on short-term, dollar-weighted government and corporate bonds. Its strategy is largely passive, seeking to emulate the performance of the Barclays Capital U.S. 1-5 Year Government/Credit Bond Index.

Investors and analysts looking to dig deeper into the investment behaviors concerning Vanguard Short-Term Bond ETF can find detailed filings and insider trades for further research and understanding.

BNP, Vanguard, ETF, Investment, Securities