Vanguard Total Bond Market ETF $BND Stock: Retirement Systems of Alabama Raises Holdings

Retirement Systems of Alabama grew its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 140.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,744,646 shares of the company’s stock after purchasing an additional 4,518,295 shares during the period. Vanguard Total Bond Market ETF comprises 1.6% of Retirement Systems of Alabama’s portfolio, making the stock its 12th largest holding. Retirement Systems of Alabama owned about 0.34% of Vanguard Total Bond Market ETF worth $543,287,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Bank of America Corp DE grew its position in Vanguard Total Bond Market ETF by 7.2% during the first quarter. Bank of America Corp DE now owns 25,672,831 shares of the company’s stock valued at $1,890,547,000 after purchasing an additional 1,720,405 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in Vanguard Total Bond Market ETF by 5.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 25,163,867 shares of the company’s stock valued at $1,847,279,000 after buying an additional 1,284,033 shares during the period. Sei Investments Co. lifted its position in Vanguard Total Bond Market ETF by 4.3% in the 1st quarter. Sei Investments Co. now owns 18,628,006 shares of the company’s stock worth $1,371,765,000 after buying an additional 772,895 shares in the last quarter. Corient Private Wealth LP lifted its position in Vanguard Total Bond Market ETF by 12.6% in the 2nd quarter. Corient Private Wealth LP now owns 5,890,208 shares of the company’s stock worth $432,400,000 after buying an additional 659,598 shares in the last quarter. Finally, Royal Bank of Canada lifted its position in Vanguard Total Bond Market ETF by 2.3% in the 1st quarter. Royal Bank of Canada now owns 5,577,371 shares of the company’s stock worth $410,717,000 after buying an additional 126,398 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

Shares of NASDAQ:BND opened at $71.62 on Tuesday. The firm has a fifty day moving average of $71.01 and a two-hundred day moving average of $72.80. Vanguard Total Bond Market ETF has a 12-month low of $69.65 and a 12-month high of $75.23.

About Vanguard Total Bond Market ETF

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.