Connors Investor Services Inc. Takes Position in Vanguard Total Bond Market ETF $BND

Connors Investor Services Inc. acquired a new stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor acquired 3,677 shares of the company’s stock, valued at approximately $271,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of BND. Vanguard Group Inc. grew its holdings in Vanguard Total Bond Market ETF by 8.2% during the first quarter. Vanguard Group Inc. now owns 62,787,251 shares of the company’s stock worth $4,611,723,000 after buying an additional 4,743,753 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in Vanguard Total Bond Market ETF by 4.2% during the first quarter. JPMorgan Chase & Co. now owns 103,233,592 shares of the company’s stock worth $7,582,692,000 after buying an additional 4,139,203 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in Vanguard Total Bond Market ETF by 1.7% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 118,916,992 shares of the company’s stock worth $8,734,453,000 after buying an additional 1,988,719 shares in the last quarter. Truist Financial Corp grew its holdings in Vanguard Total Bond Market ETF by 85.9% during the second quarter. Truist Financial Corp now owns 2,704,304 shares of the company’s stock worth $199,118,000 after buying an additional 1,249,619 shares in the last quarter. Finally, Bailard Inc. bought a new stake in Vanguard Total Bond Market ETF during the first quarter worth $78,198,000.

Vanguard Total Bond Market ETF Stock Performance

Shares of Vanguard Total Bond Market ETF stock opened at $75.07 on Thursday. The stock has a fifty day simple moving average of $74.23 and a 200 day simple moving average of $73.32. Vanguard Total Bond Market ETF has a 12-month low of $71.10 and a 12-month high of $75.15.

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.