Vanguard Total Bond Market ETF $BND Stock: Twele Capital Management Inc. Raises Stake

Twele Capital Management Inc. raised its position in Vanguard Total Bond Market ETF (NASDAQ:BND) by 4.8% during the third quarter, HoldingsChannel.com reports. The firm owned 845,628 shares of the company’s stock after purchasing an additional 39,024 shares during the period. Vanguard Total Bond Market ETF makes up 9.8% of Twele Capital Management Inc.’s portfolio, making the stock its 3rd biggest position. Twele Capital Management Inc.’s holdings in Vanguard Total Bond Market ETF were worth $59,321,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its stake in Vanguard Total Bond Market ETF by 7.2% in the first quarter. Bank of America Corp DE now owns 25,672,831 shares of the company’s stock worth $1,890,547,000 after purchasing an additional 1,720,405 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Vanguard Total Bond Market ETF by 5.4% during the second quarter. Envestnet Asset Management Inc. now owns 25,163,867 shares of the company’s stock valued at $1,847,279,000 after buying an additional 1,284,033 shares during the period. Sei Investments Co. grew its stake in shares of Vanguard Total Bond Market ETF by 4.3% during the first quarter. Sei Investments Co. now owns 18,628,006 shares of the company’s stock valued at $1,371,765,000 after buying an additional 772,895 shares during the last quarter. Corient Private Wealth LP grew its stake in shares of Vanguard Total Bond Market ETF by 12.6% during the second quarter. Corient Private Wealth LP now owns 5,890,208 shares of the company’s stock valued at $432,400,000 after buying an additional 659,598 shares during the last quarter. Finally, Royal Bank of Canada grew its stake in shares of Vanguard Total Bond Market ETF by 2.3% during the first quarter. Royal Bank of Canada now owns 5,577,371 shares of the company’s stock valued at $410,717,000 after buying an additional 126,398 shares during the last quarter.

Vanguard Total Bond Market ETF Trading Up 0.1%

Shares of NASDAQ BND traded up $0.08 during midday trading on Tuesday, hitting $70.33. The company’s stock had a trading volume of 15,067,307 shares, compared to its average volume of 9,082,808. The business’s 50 day moving average is $71.45 and its two-hundred day moving average is $72.57. Vanguard Total Bond Market ETF has a 12-month low of $69.65 and a 12-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.