Sequoia Financial Advisors LLC Increases Stock Position in Vanguard Short-Term Bond ETF $BSV

Sequoia Financial Advisors LLC grew its holdings in shares of Vanguard Short-Term Bond ETF (NYSEARCA:BSV) by 7.5% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,631,159 shares of the company’s stock after buying an additional 252,678 shares during the period. Vanguard Short-Term Bond ETF accounts for approximately 1.4% of Sequoia Financial Advisors LLC’s holdings, making the stock its 14th biggest position. Sequoia Financial Advisors LLC’s holdings in Vanguard Short-Term Bond ETF were worth $282,904,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of BSV. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in Vanguard Short-Term Bond ETF during the fourth quarter worth about $25,000. IFC & Insurance Marketing Inc. purchased a new position in shares of Vanguard Short-Term Bond ETF during the fourth quarter valued at approximately $26,000. Colonial Trust Advisors bought a new stake in shares of Vanguard Short-Term Bond ETF in the 4th quarter worth approximately $30,000. Blueline Advisors LLC purchased a new stake in shares of Vanguard Short-Term Bond ETF in the 4th quarter worth approximately $31,000. Finally, Compass Financial Management LLC purchased a new stake in shares of Vanguard Short-Term Bond ETF in the 2nd quarter worth approximately $31,000.

Vanguard Short-Term Bond ETF Stock Down 0.1%

BSV stock opened at $77.10 on Thursday. The business has a 50 day moving average of $77.53 and a 200 day moving average of $77.97. Vanguard Short-Term Bond ETF has a twelve month low of $77.09 and a twelve month high of $79.32.

Vanguard Short-Term Bond ETF Profile

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.