Sovereign Financial Group Inc. boosted its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND – Free Report) by 4.0% during the fourth quarter, HoldingsChannel reports. The fund owned 10,835 shares of the company’s stock after purchasing an additional 421 shares during the quarter. Sovereign Financial Group Inc.’s holdings in Vanguard Total Bond Market ETF were worth $797,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BND. Brown Advisory Inc. raised its position in shares of Vanguard Total Bond Market ETF by 8.9% during the third quarter. Brown Advisory Inc. now owns 116,788 shares of the company’s stock worth $8,149,000 after acquiring an additional 9,550 shares during the last quarter. Lindbrook Capital LLC acquired a new position in Vanguard Total Bond Market ETF in the third quarter valued at $58,000. Verdence Capital Advisors LLC grew its holdings in Vanguard Total Bond Market ETF by 42.7% during the 3rd quarter. Verdence Capital Advisors LLC now owns 7,652 shares of the company’s stock worth $534,000 after acquiring an additional 2,290 shares during the period. BluePath Capital Management LLC bought a new position in shares of Vanguard Total Bond Market ETF in the 3rd quarter worth about $139,000. Finally, Shufro Rose & Co. LLC lifted its stake in shares of Vanguard Total Bond Market ETF by 6.4% in the 3rd quarter. Shufro Rose & Co. LLC now owns 422,673 shares of the company’s stock valued at $29,494,000 after purchasing an additional 25,384 shares during the period.
Vanguard Total Bond Market ETF Stock Performance
Shares of BND traded down $0.17 during trading hours on Wednesday, hitting $71.39. The stock had a trading volume of 6,772,684 shares, compared to its average volume of 7,803,815. Vanguard Total Bond Market ETF has a 1-year low of $67.99 and a 1-year high of $74.24. The firm has a 50 day simple moving average of $71.74 and a 200-day simple moving average of $71.82.
Vanguard Total Bond Market ETF Cuts Dividend
Vanguard Total Bond Market ETF Profile
The Vanguard Total Bond Market ETF (BND) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a broad, market-value-weighted index of US dollar-denominated, investment-grade, taxable, fixed-income securities with maturities of at least one year. BND was launched on Apr 3, 2007 and is managed by Vanguard.
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