Grove Bank & Trust Reduces Holdings in Vanguard Total Bond Market ETF $BND

Grove Bank & Trust lowered its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 7.5% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 103,185 shares of the company’s stock after selling 8,336 shares during the period. Grove Bank & Trust’s holdings in Vanguard Total Bond Market ETF were worth $7,238,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in BND. 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 worth $1,890,547,000 after buying an additional 1,720,405 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings 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 acquiring an additional 1,284,033 shares in the last quarter. Sei Investments Co. lifted its position in shares of 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 acquiring an additional 772,895 shares during the period. Corient Private Wealth LP lifted its position in shares of 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 acquiring an additional 659,598 shares during the period. Finally, Royal Bank of Canada grew its holdings in shares of Vanguard Total Bond Market ETF by 2.3% during the 1st quarter. Royal Bank of Canada now owns 5,577,371 shares of the company’s stock worth $410,717,000 after purchasing an additional 126,398 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND traded up $0.22 on Thursday, reaching $70.22. 23,606,302 shares of the stock traded hands, compared to its average volume of 9,039,358. Vanguard Total Bond Market ETF has a 12 month low of $69.65 and a 12 month high of $75.23. The stock’s 50-day moving average price is $71.58 and its 200-day moving average price is $72.64.

Vanguard Total Bond Market ETF 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.