TSG Advice Partners LLC Purchases New Shares in Vanguard Total Bond Market ETF $BND

TSG Advice Partners LLC purchased a new stake in Vanguard Total Bond Market ETF (NASDAQ:BND) in the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 782,792 shares of the company’s stock, valued at approximately $57,465,000. Vanguard Total Bond Market ETF accounts for 7.6% of TSG Advice Partners LLC’s holdings, making the stock its 2nd largest holding.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Armstrong Advisory Group Inc. lifted its holdings in shares of Vanguard Total Bond Market ETF by 243.7% during the third quarter. Armstrong Advisory Group Inc. now owns 2,989,249 shares of the company’s stock worth $209,696,000 after buying an additional 2,119,510 shares in the last quarter. Verus Financial Partners Inc. bought a new stake in shares of Vanguard Total Bond Market ETF in the third quarter valued at about $125,606,000. Bank of America Corp DE boosted its position in shares of 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 valued at $1,890,547,000 after acquiring an additional 1,720,405 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of Vanguard Total Bond Market ETF by 5.4% in 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 acquiring an additional 1,284,033 shares in the last quarter. Finally, Atomic Invest LLC grew its stake in shares of Vanguard Total Bond Market ETF by 745.8% in the second quarter. Atomic Invest LLC now owns 1,414,467 shares of the company’s stock valued at $104,267,000 after acquiring an additional 1,247,235 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Down 0.3%

NASDAQ:BND opened at $71.33 on Tuesday. Vanguard Total Bond Market ETF has a 52 week low of $69.65 and a 52 week high of $75.23. The firm’s 50-day simple moving average is $71.11 and its 200 day simple moving average is $72.87.

Vanguard Total Bond Market ETF Profile

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.