Forward Management’s Vanguard Short-Term Corporate Bond ETF VCSH Stock Holding History

Forward Management’s Portfolio VCSH Stock Details VCSH Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-47,750	Closed	-$3.77M	–	264
2015 Q4	$3.77M	Hold	47,750	–	–	0.32%	58
2015 Q3	$3.81M	Sell	47,750 -2,200	-4%	-$175K	0.31%	60
2015 Q2	$3.98M	Sell	49,950 -5,500	-10%	-$440K	0.24%	68
2015 Q1	$4.45M	Sell	55,450 -9,050	-14%	-$724K	0.27%	62
2014 Q4	$5.14M	Sell	64,500 -10,250	-14%	-$820K	0.28%	53
2014 Q3	$5.97M	Hold	74,750	–	–	0.36%	50
2014 Q2	$6.01M	Sell	74,750 -21,000	-22%	-$1.68M	0.35%	46
2014 Q1	$7.66M	Buy	95,750 +6,950	+8%	+$556K	0.44%	44
2013 Q4	$7.08M	Hold	88,800	–	–	0.43%	47
2013 Q3	$7.07M	Hold	88,800	–	–	0.46%	43
2013 Q2	$7.03M	Buy	+88,800	New	+$7.12M	0.58%	45

Other funds holding VCSH

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

Wells Fargo San Francisco, California $617B AUM 30.33% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Manulife (Manufacturers Life Insurance) Canada, Ontario, Canada $128B AUM 35.83% 1-Year Est. Return

Ameriprise Minneapolis, Minnesota $495B AUM 43.24% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Franklin Resources San Mateo, California $462B AUM 39.16% 1-Year Est. Return

LPL Financial San Diego, California $445B AUM 25.58% 1-Year Est. Return

AssetMark Inc Concord, California $58.2B AUM 22.78% 1-Year Est. Return

Forward Management's VCSH Position: Q1 2016 in Review

Forward Management sold out of Vanguard Short-Term Corporate Bond ETF (VCSH) in Q1 2016, closing a stake of 47,750 shares — an estimated $3.77M sold.

Forward Management first reported a position in VCSH in Q2 2013 and held it in 11 quarters. The position peaked at $7.66M in Q1 2014. 405 funds tracked by Wall St. Rank hold VCSH as of Q1 2016.

Forward Management reported no remaining Vanguard Short-Term Corporate Bond ETF position as of Q1 2016 after selling out during the quarter.
Forward Management sold 47,750 Vanguard Short-Term Corporate Bond ETF shares in Q1 2016, an estimated $3.77M.
Forward Management first reported a position in Vanguard Short-Term Corporate Bond ETF in Q2 2013 and held it in 11 quarters.
Forward Management's Vanguard Short-Term Corporate Bond ETF position peaked at $7.66M in Q1 2014.
405 funds tracked by Wall St. Rank held Vanguard Short-Term Corporate Bond ETF as of Q1 2016.

Based on Forward Management's 13F filing for Q1 2016, filed 13 May 2016.