Bank Pictet & Cie Europe AG Buys New Stake in Vanguard Total Bond Market ETF $BND

Bank Pictet & Cie Europe AG bought a new stake in Vanguard Total Bond Market ETF (NASDAQ:BND) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 16,000 shares of the company’s stock, valued at approximately $1,190,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Financial Gravity Companies Inc. acquired a new position in Vanguard Total Bond Market ETF during the 2nd quarter worth about $34,000. Painted Porch Advisors LLC increased its stake in Vanguard Total Bond Market ETF by 688.7% during the second quarter. Painted Porch Advisors LLC now owns 489 shares of the company’s stock worth $36,000 after purchasing an additional 427 shares during the period. Opal Wealth Advisors LLC increased its stake in Vanguard Total Bond Market ETF by 69.8% during the second quarter. Opal Wealth Advisors LLC now owns 494 shares of the company’s stock worth $36,000 after purchasing an additional 203 shares during the period. Hantz Financial Services Inc. lifted its position in shares of Vanguard Total Bond Market ETF by 189.3% during the second quarter. Hantz Financial Services Inc. now owns 567 shares of the company’s stock worth $42,000 after purchasing an additional 371 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC acquired a new stake in shares of Vanguard Total Bond Market ETF during the second quarter worth about $44,000.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND stock opened at $74.07 on Friday. The company has a 50 day moving average price of $74.36 and a 200 day moving average price of $73.96. Vanguard Total Bond Market ETF has a fifty-two week low of $71.10 and a fifty-two week high of $75.15.

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.