Sequoia Financial Advisors LLC Purchases 252,678 Shares of Vanguard Short-Term Bond ETF $BSV

Sequoia Financial Advisors LLC raised its position in shares of Vanguard Short-Term Bond ETF (NYSEARCA:BSV) by 7.5% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm 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 comprises about 1.4% of Sequoia Financial Advisors LLC’s investment portfolio, making the stock its 14th biggest holding. Sequoia Financial Advisors LLC owned approximately 0.63% of Vanguard Short-Term Bond ETF worth $282,904,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of BSV. Mercer Global Advisors Inc. ADV grew its stake in shares of Vanguard Short-Term Bond ETF by 9.5% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 41,443,879 shares of the company’s stock worth $3,266,192,000 after purchasing an additional 3,590,668 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of Vanguard Short-Term Bond ETF by 28.7% in the 4th quarter. JPMorgan Chase & Co. now owns 32,337,635 shares of the company’s stock worth $2,548,529,000 after buying an additional 7,213,590 shares during the last quarter. Allworth Financial LP increased its stake in shares of Vanguard Short-Term Bond ETF by 2.4% during the fourth quarter. Allworth Financial LP now owns 19,624,938 shares of the company’s stock valued at $1,546,641,000 after buying an additional 464,718 shares during the period. Bank of America Corp DE raised its holdings in shares of Vanguard Short-Term Bond ETF by 29.0% during the first quarter. Bank of America Corp DE now owns 12,644,333 shares of the company’s stock valued at $991,442,000 after acquiring an additional 2,845,980 shares in the last quarter. Finally, Northern Trust Corp raised its holdings in shares of Vanguard Short-Term Bond ETF by 5.5% during the fourth quarter. Northern Trust Corp now owns 11,403,361 shares of the company’s stock valued at $898,699,000 after acquiring an additional 593,220 shares in the last quarter.

Vanguard Short-Term Bond ETF Trading Down 0.1%

NYSEARCA:BSV opened at $77.10 on Thursday. The firm’s fifty day simple moving average is $77.53 and its 200 day simple moving average is $77.97. Vanguard Short-Term Bond ETF has a twelve month low of $77.09 and a twelve month 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.