In its latest SEC filing for the third quarter, Belpointe Asset Management LLC trimmed its holding in Vanguard Short-Term Treasury ETF by 14.6%, selling 18,253 shares and ending the period with 106,704 shares. The reduction brought the fund’s exposure down to approximately $6.28 million in market value, reflecting a strategic shift away from short-duration Treasuries within Belpointe’s broader fixed-income portfolio.

Several large asset managers increased their allocations to Vanguard Short-Term Treasury ETF over recent quarters. Bank of America Corp raised its stake by 26.4%, adding 1.83 million shares to reach 8.74 million shares (worth over $513.6 million) by quarter end. Similarly, Orgel Wealth Management boosted its holding by 3.1% (224,518 shares), Baird Financial Group added 18.5% (898,635 shares), NorthRock Partners increased by 6.3% (243,362 shares) and Cerity Partners lifted its position by 7.7% (283,748 shares). These inflows signal continued institutional demand for short-term, high-quality government debt.

On December 3rd, Vanguard Short-Term Treasury ETF announced its monthly distribution of $0.1854 per share to holders of record as of December 1st, translating to an annualized yield of 3.8%. This marks a modest adjustment in the fund’s income profile, offering investors a reliable cash flow stream linked to prevailing short-term Treasury rates, while preserving principal stability.

The ETF tracks the Barclays U.S. 1–3 Year Government Float Adjusted Index through a passive strategy encompassing 93 Treasury securities with maturities between one and three years. At quarter close, total assets under management stood near $30.4 billion. The fund carries a low expense ratio of 0.03% and exhibits minimal volatility, with a five-year beta of 0.26 and maximum drawdown of 5.69%. These metrics underscore its role as a core allocation for investors seeking liquidity and capital preservation in a fluctuating interest-rate environment.