Sequoia Financial Advisors LLC Cuts Stock Holdings in Vanguard Total Bond Market ETF $BND

Sequoia Financial Advisors LLC lessened its holdings in Vanguard Total Bond Market ETF (NASDAQ:BND) by 10.9% during the third quarter, Holdings Channel.com reports. The firm owned 213,555 shares of the company’s stock after selling 26,069 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $15,882,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Brighton Jones LLC grew its holdings in Vanguard Total Bond Market ETF by 99.6% during the fourth quarter. Brighton Jones LLC now owns 37,423 shares of the company’s stock worth $2,691,000 after acquiring an additional 18,677 shares during the period. Revolve Wealth Partners LLC boosted its position in shares of Vanguard Total Bond Market ETF by 19.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 3,298 shares of the company’s stock worth $237,000 after purchasing an additional 530 shares in the last quarter. Bell Bank acquired a new position in shares of Vanguard Total Bond Market ETF during the 2nd quarter worth $469,000. My Legacy Advisors LLC acquired a new position in shares of Vanguard Total Bond Market ETF during the 2nd quarter worth $242,000. Finally, Busey Bank acquired a new position in shares of Vanguard Total Bond Market ETF during the 2nd quarter worth $243,000.

Vanguard Total Bond Market ETF Trading Down 0.2%

Shares of NASDAQ BND opened at $74.20 on Monday. Vanguard Total Bond Market ETF has a 52 week low of $71.41 and a 52 week high of $75.15. The firm has a 50-day moving average price of $74.28 and a 200 day moving average price of $74.06.

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.