Faithward Advisors LLC Grows Stake in Vanguard Total Bond Market ETF $BND
by Michael Walen · The Markets DailyFaithward Advisors LLC lifted its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND – Free Report) by 24.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 85,825 shares of the company’s stock after purchasing an additional 17,036 shares during the period. Vanguard Total Bond Market ETF accounts for 1.0% of Faithward Advisors LLC’s investment portfolio, making the stock its 23rd biggest holding. Faithward Advisors LLC’s holdings in Vanguard Total Bond Market ETF were worth $6,319,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds also recently modified their holdings of the stock. Financial Gravity Companies Inc. purchased a new stake in Vanguard Total Bond Market ETF in the second quarter worth $34,000. Painted Porch Advisors LLC lifted its position 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 valued at $36,000 after buying an additional 427 shares during the last quarter. Opal Wealth Advisors LLC increased its holdings in 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 worth $36,000 after acquiring an additional 203 shares during the last quarter. Hantz Financial Services Inc. increased its holdings in 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 worth $42,000 after acquiring an additional 371 shares during the last quarter. Finally, Elevation Point Wealth Partners LLC bought a new stake in Vanguard Total Bond Market ETF in the 2nd quarter valued at about $44,000.
Vanguard Total Bond Market ETF Stock Up 0.3%
NASDAQ BND opened at $74.26 on Thursday. Vanguard Total Bond Market ETF has a 52 week low of $71.10 and a 52 week high of $75.15. The firm’s 50-day simple moving average is $74.52 and its two-hundred day simple moving average is $73.79.
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.
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