Partners Wealth Management LLC Makes New $2.19 Million Investment in Vanguard Total Bond Market ETF $BND

Partners Wealth Management LLC bought a new position in Vanguard Total Bond Market ETF (NASDAQ:BND) in the 3rd quarter, HoldingsChannel.com reports. The firm bought 31,158 shares of the company’s stock, valued at approximately $2,186,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Bank of America Corp DE boosted its stake in Vanguard Total Bond Market ETF by 7.2% in the first quarter. Bank of America Corp DE now owns 25,672,831 shares of the company’s stock valued at $1,890,547,000 after acquiring an additional 1,720,405 shares during the last quarter. Envestnet Asset Management Inc. increased its position in Vanguard Total Bond Market ETF by 5.4% in the second quarter. Envestnet Asset Management Inc. now owns 25,163,867 shares of the company’s stock worth $1,847,279,000 after buying an additional 1,284,033 shares during the last quarter. Sei Investments Co. increased its position in Vanguard Total Bond Market ETF by 4.3% in the first quarter. Sei Investments Co. now owns 18,628,006 shares of the company’s stock worth $1,371,765,000 after buying an additional 772,895 shares during the last quarter. Corient Private Wealth LP increased its position in Vanguard Total Bond Market ETF by 12.6% in the second quarter. Corient Private Wealth LP now owns 5,890,208 shares of the company’s stock worth $432,400,000 after buying an additional 659,598 shares during the last quarter. Finally, Royal Bank of Canada raised its stake in shares of Vanguard Total Bond Market ETF by 2.3% in the first quarter. Royal Bank of Canada now owns 5,577,371 shares of the company’s stock valued at $410,717,000 after buying an additional 126,398 shares during the period.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND opened at $71.38 on Friday. Vanguard Total Bond Market ETF has a 1 year low of $69.65 and a 1 year high of $75.23. The stock’s fifty day moving average price is $71.14 and its two-hundred day moving average price is $72.90.

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.