Archer Investment Management LLC Sells 1,226 Shares of Vanguard Total Bond Market ETF $BND

Archer Investment Management LLC lessened its position in shares of Vanguard Total Bond Market ETF (NASDAQ:BND) by 24.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,870 shares of the company’s stock after selling 1,226 shares during the quarter. Archer Investment Management LLC’s holdings in Vanguard Total Bond Market ETF were worth $285,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Cheviot Value Management LLC bought a new stake in Vanguard Total Bond Market ETF in the 1st quarter valued at $25,000. Ameriflex Group Inc. bought a new position in shares of Vanguard Total Bond Market ETF during the 4th quarter worth about $27,000. Whittier Trust Co. of Nevada Inc. boosted its position in shares of Vanguard Total Bond Market ETF by 96.3% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 473 shares of the company’s stock valued at $35,000 after acquiring an additional 232 shares in the last quarter. Park Square Financial Group LLC acquired a new stake in shares of Vanguard Total Bond Market ETF during the 4th quarter valued at about $37,000. Finally, Proathlete Wealth Management LLC bought a new stake in Vanguard Total Bond Market ETF in the first quarter valued at about $39,000.

Vanguard Total Bond Market ETF Price Performance

NASDAQ:BND opened at $74.72 on Wednesday. Vanguard Total Bond Market ETF has a 12-month low of $71.10 and a 12-month high of $75.67. The firm has a 50-day moving average price of $73.55 and a 200 day moving average price of $73.09.

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.