Elm Partners Management’s Vanguard Short-Term Bond ETF BSV Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2019 Q3	–	Sell	-328,259	Closed	-$26.4M	–	42
2019 Q2	$26.4M	Buy	328,259 +56,614	+21%	+$4.56M	5.92%	6
2019 Q1	$21.6M	Sell	271,645 -301,589	-53%	-$24M	5.79%	6
2018 Q4	$45M	Buy	+573,234	New	+$45M	15.53%	2