BAM Wealth Management LLC Acquires New Position in Vanguard Total Bond Market ETF $BND

BAM Wealth Management LLC bought a new position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) during the third quarter, HoldingsChannel.com reports. The firm bought 12,365 shares of the company’s stock, valued at approximately $920,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BND. JPMorgan Chase & Co. increased its position in shares of Vanguard Total Bond Market ETF by 21.9% during 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 during the period. Creative Planning grew its stake in Vanguard Total Bond Market ETF by 5.8% during the 2nd quarter. Creative Planning now owns 114,896,140 shares of the company’s stock worth $8,459,803,000 after purchasing an additional 6,332,554 shares in the last quarter. Sei Investments Co. increased its holdings in Vanguard Total Bond Market ETF by 46.9% during 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 period. Vanguard Group Inc. increased its holdings in Vanguard Total Bond Market ETF by 7.0% during 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 during the period. Finally, Corient Private Wealth LLC raised its position 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 valued at $539,426,000 after purchasing an additional 4,217,095 shares in the last quarter.

Vanguard Total Bond Market ETF Trading Up 0.1%

Shares of BND opened at $74.25 on Friday. Vanguard Total Bond Market ETF has a 1 year low of $71.41 and a 1 year high of $75.15. The stock has a 50-day simple moving average of $74.26 and a 200-day simple moving average of $74.08.

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.