Baker Avenue Asset Management LP Increases Position in Vanguard Total Bond Market ETF $BND

Baker Avenue Asset Management LP lifted its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 2.4% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,176,683 shares of the company’s stock after buying an additional 27,156 shares during the period. Vanguard Total Bond Market ETF comprises 2.5% of Baker Avenue Asset Management LP’s holdings, making the stock its 6th largest position. Baker Avenue Asset Management LP’s holdings in Vanguard Total Bond Market ETF were worth $86,639,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in BND. Financial Gravity Companies Inc. bought a new position in Vanguard Total Bond Market ETF in the second quarter valued at approximately $34,000. Painted Porch Advisors LLC raised its stake in shares of Vanguard Total Bond Market ETF by 688.7% during the 2nd quarter. Painted Porch Advisors LLC now owns 489 shares of the company’s stock worth $36,000 after purchasing an additional 427 shares in the last quarter. Opal Wealth Advisors LLC boosted its holdings in shares of Vanguard Total Bond Market ETF by 69.8% in the 2nd quarter. Opal Wealth Advisors LLC now owns 494 shares of the company’s stock valued at $36,000 after buying an additional 203 shares during the last quarter. Hantz Financial Services Inc. boosted its holdings in shares of Vanguard Total Bond Market ETF by 189.3% in the 2nd quarter. Hantz Financial Services Inc. now owns 567 shares of the company’s stock valued at $42,000 after buying an additional 371 shares during the last quarter. Finally, Elevation Point Wealth Partners LLC bought a new position in shares of Vanguard Total Bond Market ETF in the second quarter valued at $44,000.

Vanguard Total Bond Market ETF Price Performance

Shares of BND opened at $74.20 on Friday. The firm has a 50-day moving average of $74.53 and a 200-day moving average of $73.74. Vanguard Total Bond Market ETF has a one year low of $71.10 and a one year high of $75.15.

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.