Vanguard Short Term Bond ETF Added

By on June 17, 2021

BSVToday the Vanguard Short Term Bond ETF (BSV) was added to the SMA Portfolio. Fed chairman Powell gave testimony yesterday indicating that interest rates might be increased sooner than previously believed. This caused a small hiccup in the bond market providing an opportunity to initiate a position at a lower price.

BSV was purchased today at $82.15 with the majority of the cash in the SMA Portfolio.

Disclaimer: It is very challenging to outperform a buy and hold strategy. Historically, investors have found themselves well-served over the long-term by investing regularly in a diversified portfolio of stocks or low cost, broadly diversified indexed stock funds. Profitable trades are not guaranteed. No system or methodology ensures stock market profits. All investors are advised to conduct their own independent research into individual stocks, closed-end funds, mutual funds, and exchange traded funds or any other investment vehicle before making a purchase decision. In addition, investors are advised that past performance has demonstrated no relation to future performance. Although accuracy is strived for, no guarantee is made regarding the accuracy of data presented.

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