Straight Path Wealth Management Buys 34,083 Shares of Vanguard Total Bond Market ETF $BND

Straight Path Wealth Management increased its stake in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 113.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 64,077 shares of the company’s stock after buying an additional 34,083 shares during the quarter. Vanguard Total Bond Market ETF comprises approximately 1.1% of Straight Path Wealth Management’s investment portfolio, making the stock its 15th biggest position. Straight Path Wealth Management’s holdings in Vanguard Total Bond Market ETF were worth $4,704,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in BND. Morgan Stanley lifted its stake in Vanguard Total Bond Market ETF by 15.0% during the fourth quarter. Morgan Stanley now owns 124,929,480 shares of the company’s stock worth $9,253,527,000 after purchasing an additional 16,287,510 shares during the last quarter. Creative Planning increased its stake in shares of Vanguard Total Bond Market ETF by 8.7% in the 3rd quarter. Creative Planning now owns 124,942,968 shares of the company’s stock valued at $9,292,008,000 after purchasing an additional 10,046,828 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of Vanguard Total Bond Market ETF by 6.3% in the 4th quarter. JPMorgan Chase & Co. now owns 139,629,587 shares of the company’s stock valued at $10,342,364,000 after purchasing an additional 8,283,073 shares during the last quarter. Valpey Financial Services LLC raised its holdings in shares of Vanguard Total Bond Market ETF by 7,708.3% during the 4th quarter. Valpey Financial Services LLC now owns 5,236,930 shares of the company’s stock worth $387,899,000 after buying an additional 5,169,861 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of Vanguard Total Bond Market ETF by 3.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 130,902,798 shares of the company’s stock worth $9,695,970,000 after buying an additional 4,285,563 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Shares of BND stock opened at $71.95 on Monday. The business has a fifty day simple moving average of $72.51 and a 200 day simple moving average of $73.24. Vanguard Total Bond Market ETF has a twelve month low of $71.74 and a twelve month high of $75.23.

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.