Phillips Financial Management LLC Sells 1,459 Shares of Vanguard Total Bond Market ETF $BND

Phillips Financial Management LLC lowered its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 0.7% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 217,562 shares of the company’s stock after selling 1,459 shares during the quarter. Vanguard Total Bond Market ETF makes up approximately 1.2% of Phillips Financial Management LLC’s portfolio, making the stock its 22nd largest holding. Phillips Financial Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $16,019,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in BND. Cheviot Value Management LLC bought a new position in Vanguard Total Bond Market ETF during the first quarter worth about $25,000. Whittier Trust Co. of Nevada Inc. raised its position in shares of Vanguard Total Bond Market ETF by 96.3% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 473 shares of the company’s stock valued at $35,000 after purchasing an additional 232 shares during the period. Painted Porch Advisors LLC raised its position in shares of Vanguard Total Bond Market ETF by 688.7% in the second quarter. Painted Porch Advisors LLC now owns 489 shares of the company’s stock valued at $36,000 after purchasing an additional 427 shares during the period. Opal Wealth Advisors LLC raised its position in shares of Vanguard Total Bond Market ETF by 69.8% in the second quarter. Opal Wealth Advisors LLC now owns 494 shares of the company’s stock valued at $36,000 after purchasing an additional 203 shares during the period. Finally, Olde Wealth Management LLC bought a new stake in shares of Vanguard Total Bond Market ETF in the first quarter valued at approximately $39,000.

Vanguard Total Bond Market ETF Price Performance

Shares of Vanguard Total Bond Market ETF stock opened at $75.07 on Wednesday. Vanguard Total Bond Market ETF has a 12-month low of $71.10 and a 12-month high of $75.15. The company’s 50-day moving average price is $74.21 and its 200-day moving average price is $73.30.

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.