Vanguard Total Bond Market ETF $BND Stock Sold by Steele Capital Management Inc.

Steele Capital Management Inc. cut its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 2.4% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 660,561 shares of the company’s stock after selling 15,970 shares during the quarter. Vanguard Total Bond Market ETF accounts for 1.7% of Steele Capital Management Inc.’s portfolio, making the stock its 17th biggest holding. Steele Capital Management Inc.’s holdings in Vanguard Total Bond Market ETF were worth $46,338,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Argonautica Private Wealth Management Inc. grew its stake in Vanguard Total Bond Market ETF by 2.0% in the third quarter. Argonautica Private Wealth Management Inc. now owns 22,017 shares of the company’s stock valued at $1,545,000 after acquiring an additional 439 shares during the period. Kestra Advisory Services LLC lifted its holdings in shares of Vanguard Total Bond Market ETF by 9.7% in the 3rd quarter. Kestra Advisory Services LLC now owns 1,486,546 shares of the company’s stock worth $104,281,000 after purchasing an additional 131,834 shares in the last quarter. Claro Advisors Inc. grew its position in Vanguard Total Bond Market ETF by 105.7% in the 3rd quarter. Claro Advisors Inc. now owns 19,988 shares of the company’s stock valued at $1,402,000 after purchasing an additional 10,273 shares during the period. Genesis Private Wealth LLC grew its position in Vanguard Total Bond Market ETF by 1.5% in the 3rd quarter. Genesis Private Wealth LLC now owns 13,041 shares of the company’s stock valued at $915,000 after purchasing an additional 199 shares during the period. Finally, Commonwealth Equity Services LLC acquired a new stake in Vanguard Total Bond Market ETF in the 3rd quarter valued at $89,259,000.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND stock opened at $71.65 on Friday. The firm has a fifty day simple moving average of $71.04 and a two-hundred day simple moving average of $72.82. 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.