Sequoia Financial Advisors LLC Grows Stake in Vanguard Short-Term Bond ETF $BSV

Sequoia Financial Advisors LLC boosted its position in shares of Vanguard Short-Term Bond ETF (NYSEARCA:BSV) by 15.4% in the first quarter, Holdings Channel.com reports. The institutional investor owned 3,378,481 shares of the company’s stock after acquiring an additional 450,453 shares during the period. Vanguard Short-Term Bond ETF comprises approximately 1.5% of Sequoia Financial Advisors LLC’s investment portfolio, making the stock its 14th biggest holding. Sequoia Financial Advisors LLC’s holdings in Vanguard Short-Term Bond ETF were worth $264,907,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in BSV. Elevated Capital Advisors LLC increased its position in shares of Vanguard Short-Term Bond ETF by 1.8% during the 1st quarter. Elevated Capital Advisors LLC now owns 78,699 shares of the company’s stock valued at $6,171,000 after purchasing an additional 1,393 shares during the last quarter. Forza Wealth Management LLC raised its position in Vanguard Short-Term Bond ETF by 1.8% during the 1st quarter. Forza Wealth Management LLC now owns 111,643 shares of the company’s stock valued at $8,754,000 after purchasing an additional 2,025 shares in the last quarter. First Horizon Corp grew its holdings in Vanguard Short-Term Bond ETF by 1.1% during the 1st quarter. First Horizon Corp now owns 212,408 shares of the company’s stock worth $16,655,000 after acquiring an additional 2,364 shares in the last quarter. Pearl Planning LLC increased its position in Vanguard Short-Term Bond ETF by 20.7% during the 1st quarter. Pearl Planning LLC now owns 39,551 shares of the company’s stock valued at $3,101,000 after purchasing an additional 6,773 shares during the period. Finally, Kestra Advisory Services LLC increased its holdings in Vanguard Short-Term Bond ETF by 18.5% during the first quarter. Kestra Advisory Services LLC now owns 245,544 shares of the company’s stock valued at $19,253,000 after buying an additional 38,386 shares during the period.

Vanguard Short-Term Bond ETF Trading Down 0.1%

Shares of NYSEARCA BSV traded down $0.04 during mid-day trading on Friday, reaching $77.60. 1,572,250 shares of the company were exchanged, compared to its average volume of 2,830,977. The firm has a 50-day moving average of $77.85 and a 200 day moving average of $78.37. Vanguard Short-Term Bond ETF has a 1 year low of $77.50 and a 1 year high of $79.32.

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.