Vanguard Total Bond Market ETF $BND is Global Wealth Management LLC’s 8th Largest Position

Global Wealth Management LLC lifted its holdings in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 2,617.5% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 112,557 shares of the company’s stock after acquiring an additional 108,415 shares during the quarter. Vanguard Total Bond Market ETF accounts for about 4.4% of Global Wealth Management LLC’s investment portfolio, making the stock its 8th largest holding. Global Wealth Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $8,371,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Towneley Capital Management Inc DE lifted its position in shares of Vanguard Total Bond Market ETF by 55.4% during the third quarter. Towneley Capital Management Inc DE now owns 6,685 shares of the company’s stock worth $497,000 after acquiring an additional 2,382 shares in the last quarter. Kavar Capital Partners Group LLC raised its stake in shares of Vanguard Total Bond Market ETF by 22.7% during the 3rd quarter. Kavar Capital Partners Group LLC now owns 334,793 shares of the company’s stock valued at $24,899,000 after purchasing an additional 61,917 shares during the period. KW Wealth Management LLC purchased a new stake in Vanguard Total Bond Market ETF during the 3rd quarter worth about $2,259,000. Total Wealth Planning LLC boosted its stake in Vanguard Total Bond Market ETF by 9.3% in the 3rd quarter. Total Wealth Planning LLC now owns 61,183 shares of the company’s stock worth $4,550,000 after purchasing an additional 5,187 shares during the period. Finally, Perigon Wealth Management LLC boosted its stake in Vanguard Total Bond Market ETF by 3.6% in the 3rd quarter. Perigon Wealth Management LLC now owns 177,250 shares of the company’s stock worth $13,182,000 after purchasing an additional 6,157 shares during the period.

Vanguard Total Bond Market ETF Price Performance

BND stock opened at $74.19 on Monday. The stock has a 50-day simple moving average of $74.43 and a two-hundred day simple moving average of $73.94. Vanguard Total Bond Market ETF has a twelve month low of $71.10 and a twelve month high of $75.15.

Vanguard Total Bond Market ETF Company 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.