Steele Capital Management Inc. Grows Stock Holdings in Vanguard Total Bond Market ETF $BND

Steele Capital Management Inc. increased its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 26.3% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 550,828 shares of the company’s stock after buying an additional 114,770 shares during the quarter. Vanguard Total Bond Market ETF makes up 1.8% of Steele Capital Management Inc.’s portfolio, making the stock its 16th biggest position. Steele Capital Management Inc.’s holdings in Vanguard Total Bond Market ETF were worth $40,965,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. boosted its holdings in Vanguard Total Bond Market ETF by 21.9% in the second quarter. JPMorgan Chase & Co. now owns 125,870,361 shares of the company’s stock worth $9,267,835,000 after acquiring an additional 22,636,769 shares in the last quarter. Creative Planning increased its holdings in shares of Vanguard Total Bond Market ETF by 5.8% during the second quarter. Creative Planning now owns 114,896,140 shares of the company’s stock valued at $8,459,803,000 after acquiring an additional 6,332,554 shares in the last quarter. Sei Investments Co. raised its position in shares of Vanguard Total Bond Market ETF by 46.9% in the 2nd quarter. Sei Investments Co. now owns 15,579,083 shares of the company’s stock worth $1,147,087,000 after purchasing an additional 4,971,692 shares during the last quarter. Vanguard Group Inc. boosted its stake in Vanguard Total Bond Market ETF by 7.0% in the 2nd quarter. Vanguard Group Inc. now owns 67,194,503 shares of the company’s stock worth $4,947,531,000 after purchasing an additional 4,407,252 shares in the last quarter. Finally, Corient Private Wealth LLC boosted its stake in Vanguard Total Bond Market ETF by 125.6% in the 2nd quarter. Corient Private Wealth LLC now owns 7,575,426 shares of the company’s stock worth $539,426,000 after purchasing an additional 4,217,095 shares in the last quarter.

Vanguard Total Bond Market ETF Price Performance

Shares of BND stock opened at $74.29 on Friday. Vanguard Total Bond Market ETF has a one year low of $71.10 and a one year high of $75.15. The company’s 50-day moving average is $74.28 and its 200 day moving average is $74.02.

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.