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

Baker Avenue Asset Management LP raised its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 2.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,208,633 shares of the company’s stock after purchasing an additional 31,950 shares during the period. Vanguard Total Bond Market ETF accounts for 2.2% of Baker Avenue Asset Management LP’s holdings, making the stock its 8th biggest holding. Baker Avenue Asset Management LP owned 0.06% of Vanguard Total Bond Market ETF worth $89,886,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in BND. JPMorgan Chase & Co. raised its stake in Vanguard Total Bond Market ETF by 21.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 125,870,361 shares of the company’s stock worth $9,267,835,000 after buying an additional 22,636,769 shares during the period. 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% during the second 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. lifted its holdings in shares of 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 lifted its holdings in shares of 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 Stock Performance

Shares of BND stock opened at $74.25 on Friday. The firm has a fifty day simple moving average of $74.26 and a two-hundred day simple moving average of $74.08. Vanguard Total Bond Market ETF has a 12 month low of $71.41 and a 12 month 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.